Corrective Consciousness
Tuesday, March 3, 2009
The rupiah continues to fall against other currencies. Intervention in the market needs to go with corrective measures.
arsip tempo : 173223657595.
MAINTAINING the level of the rupiah in these times of economic malaise is no easy matter. The government has made efforts, but the rupiah continues to fall. This week, the currency passed the Rp12,000 to the US dollar mark, far below the Rp9,000 level at the end of last year.
Before it falls further, every effort must be made to save it. The damage to the Indonesian economy is unimaginable were it to fall to Rp15,000 to the dollar. Businesses de
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