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Jakarta Post
The Jakarta Post
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DKI Jakarta, Indonesia
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Is there any hope for the local currency?

  • Helmi Arman


| Fri, February 13 2009 | 03:58 pm
Is there any hope for the local currency?

PREMIUM JP The Indonesian currency continues to weaken amid ongoing global economic turmoil. Can we expect a turn-around anytime soon? During the start of the year, many economists, including ourselves, were optimistic that the rupiah had room to regain lost ground in terms of its value against the dollar. From a trade perspective, it didn't - and it still doesn't - look like Indone...