{
    "success": true,
    "data": {
        "id": 1097316,
        "msgid": "stable-rupiah-more-acceptable-1447893297",
        "date": "2001-01-18 00:00:00",
        "title": "Stable rupiah more acceptable",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Stable rupiah more acceptable With regard to your editorial of Jan. 17, 2001, I am glad to know that more and more people (and the press) agree with the new central bank policy on rupiah transactions for non-residents. I still remember that six months ago such an idea was not accepted by the press, and rejected by many analysts. However, being an Indonesian newspaper, it would be better if you write more about the positive points of such policies rather than their weaknesses.",
        "content": "<p>Stable rupiah more acceptable<\/p>\n<p>With regard to your editorial of Jan. 17, 2001, I am glad to<br>\nknow that more and more people (and the press) agree with the new<br>\ncentral bank policy on rupiah transactions for non-residents. I<br>\nstill remember that six months ago such an idea was not accepted<br>\nby the press, and rejected by many analysts.<\/p>\n<p>However, being an Indonesian newspaper, it would be better if<br>\nyou write more about the positive points of such policies rather<br>\nthan their weaknesses.<\/p>\n<p>More and more people now realize that Indonesia has the most<br>\nliberal currency system in the world, which is actually not<br>\nsuitable at the moment given the current crisis situation. Many<br>\npeople are now beginning to understand that even though China,<br>\nIndia, or Taiwan have much stricter currency systems than<br>\nIndonesia, foreign investors continue going to those countries.<\/p>\n<p>I do believe that a more stable rupiah, a stronger level than<br>\nthe current level, is much better for our children. I believe<br>\nthat with an exchange rate of Rp 7000 to Rp 8000 our export is<br>\nalready competitive (remember that Thailand's exchange rate<br>\ndepreciated from 25 baht to 42 baht, while China's yuan is fixed<br>\nbut their exports are very competitive).<\/p>\n<p>Indonesian exporters should not depend too much on price<br>\ncompetition, but more on quality and efficiency.<\/p>\n<p>MIRZA ADITYASWARA<\/p>\n<p>Banking analyst<\/p>\n<p>Jakarta<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/stable-rupiah-more-acceptable-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}