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Jakarta Post
The Jakarta Post
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DKI Jakarta, Indonesia
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Fast rise in rupiah will not hurt exports: Govt

  • Aditya Suharmoko

    The Jakarta Post

Jakarta | Mon, March 22 2010 | 08:42 am

PREMIUM The fast appreciation of the rupiah against the US greenback has sparked concern among exporters that this may cause Indonesian goods to become more expensive and undermine exports.But the government is playing down this concern.Finance Minister Sri Mulyani Indrawati said last week that the current level of the rupiah valued against foreign currencies, especially the US dollar, remains within safe...