Post
Topic
Board Economics
Re: Dollar rises in Indonesia, what is the economic fate?
by
katrimans
on 28/09/2018, 06:48:17 UTC
I think it's not only Indonesia but there are some countries that have problems like Indonesia Hopefully our country does not experience a crisis like in the past and it is true that the pressure on the dollar will have a bad impact on our country.
Actually countries like Indonesia are passing through the weak financial condition in the history. Unlike Malaysia-which is progressing at an accelerated pace-Indonesia due to weak institutions and corrupt mafia has suffered a lot and this is the reason of sanctions been imposed on them.

As a result the value of the national currency that is Indonesian Rupiah went down thereby rising the value of dollar. This can be resolved if the country reduces its imports, produce more and more within its geographical boundaries and export more.