Can Indonesian Rupiah withstand
US dollar?
The Indonesian Rupiah has
weakened from August 2014. Grew a bit fluctuated until it dropped in December
2014 and got it lowest peak at March 2015. After that, it tried to strengthen its
position and got almost stable. However, there is a prediction that the IDR would
fall again and quite deeply if the now stabilities cannot be held until two or
three months again at least.
What will Indonesia’s Central
Bank do to withstand the crisis? Moreover, the crude oil seems to climb and
there is a problem with the country’s vital trading partner that may affected the
economic growth. Can Indonesia government solve the problem or will the living
cost expand? We need to wait for further development.