Thread: Batam Info Thread
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Old 31-10-2012, 11:12 AM
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Re: Batam Info Thread
Quote:
Originally Posted by eg5354 View Post
2) In recent news, Spore has decided to appreciate the sing dollar in order to control inflation. Sing dollar will gradually strengthen against other currency including the rupiah.

Exchange rate graph of rupiah :

http://www.exchange-rates.org/history/IDR/SGD/G/90
Yes. Is due to the intervention of MAS. So strengthening of S$ is not a permanent phenomena. It also indirect hurt the exporters, imo.
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