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Steady As She Goes

Tuesday, May 27, 2003

The strengthening of the rupiah is not sudden; symptoms were apparent since December 2002. How to take advantage of the momentum?

arsip tempo : 173223907328.

. tempo : 173223907328.

THE exchange rate of the rupiah is growing stronger. Its negative image seems to be decreasing. Once in such a degrading position—for five years it was the lowest of the regional currencies—it has now found a momentum to rise up and stay there. Undeniably, the momentum is highly important, especially since it continued its upward trend at the end of last week, despite calls by university students for Megawati and Hamzah Haz to step

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