JAKARTA - Fluctuations in the
exchange rate of rupiah against the U.S. dollar (U.S.) is a frightening specter
for entrepreneurs. Rupiah collapsed, because foreign investors withdraw their
funds a little.
Chairman of the Capital Market Compartment Apindo, Gunawan, the turmoil in the exchange rate to reach Rp12.000 per USD, caused investors to pull money back about 10 percent of the 100 percent invested in Indonesia.
"Though it is only about 10 percent of that out, but since we're scared, it's a local company join gangs to be scared," he said in the House of the Press, Jakarta, Friday (11/15/2013).
Nevertheless, further Gunawan, if the Indonesian government eventually want to implement transactions using the Euro, it should still give priority to the welfare of the Indonesian people.
"Whatever is encountered, all of it should ultimately improve the life of the community," he said.
Chairman of the Capital Market Compartment Apindo, Gunawan, the turmoil in the exchange rate to reach Rp12.000 per USD, caused investors to pull money back about 10 percent of the 100 percent invested in Indonesia.
"Though it is only about 10 percent of that out, but since we're scared, it's a local company join gangs to be scared," he said in the House of the Press, Jakarta, Friday (11/15/2013).
Nevertheless, further Gunawan, if the Indonesian government eventually want to implement transactions using the Euro, it should still give priority to the welfare of the Indonesian people.
"Whatever is encountered, all of it should ultimately improve the life of the community," he said.
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