Rupiah must be replaced<\/p>\n
From Bisnis Indonesia<\/p>\n
In view of the performance of the rupiah to the U.S. dollar
\nthis year, which has dipped as low as Rp 9,500, efforts must be
\nmade to prevent it from sliding further in the region of Rp
\n17,000.<\/p>\n
As a nation, we are worried about the weakening value of the
\nrupiah because it exerts a direct impact on our microeconomic and
\nmacroeconomic condition.<\/p>\n
Although our export commodities are paid in foreign exchange,
\nmost people wonder whether the low exchange rate of the rupiah is
\nreally advantageous to us. The obvious thing is that speculators
\nbenefit considerably from the fluctuation of our rupiah.<\/p>\n
Reportedly, these speculators are based in Singapore.
\nTherefore we again should wonder why they are interested in
\ntinkering only with the rupiah and not with the currencies of
\ncountries such as Thailand, Malaysia, Brunei Darussalam, Cambodia
\nand Vietnam, which are also in close proximity to Singapore.<\/p>\n
However, we must not spend too much time on who these
\nspeculators might be and what their ulterior motives are. These
\npeople are speculators and just like those who are involved in
\ncorruption they only bring misery to people.<\/p>\n
Therefore, in order to save our national economy, as our
\npoliticians are still learning to practice politics in a mature
\nway and the popular economy is being translated into reality, I
\nwould like to propose that our rupiah be christened a new name.<\/p>\n
Our bank notes can still have the pictures of our national
\nleaders and their nominal values. The change will only be to the
\nname of our currency.<\/p>\n
In this way, speculators reportedly depositing tons of rupiah
\nin Singapore will be in great trouble because they will have to
\nexchange their rupiah with our new currency.<\/p>\n
ROBERT PANGGABEAN<\/p>\n
Pematang Siantar, North Sumatra<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/rupiah-must-be-replaced-1447893297", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }