2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 389.75

+0.5%

4:00 PM EST

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To: elmatador who wrote (101253)	6/20/2013 1:29:31 AM
From: Hawkmoon	Read Replies (1) of 218125

Definitely starting to see this impacting Indonesia.. (I'm currently in Jakarta).. The IDR is above 10,000 to the USD now.. Been flirting with it back and forth over the past few days since the Indo CB raised rates.. But it appears that is not stifling further degradation of the Rupiah's value.. China is definitely playing a role in all of this too with the credit crunch and interbank lending rates soaring to 25% now.. I'm reading that Indonesia's CB thinks that by ending gasoline subsidies they can strengthen the Rupiah back below 10,000 to the USD.. I'm not so sure. I think China's financial crisis may potentially spiral out of control and impact the entire region.. Hawk

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