Quote:
Originally Posted by retirebatam
About 40 years ago Year 1978 when I went to Jakarta as a child, I remembered that the exchange rate was S$1 = 1000 rupiah
Now in Year 2018, it has become S$1 = 10800 rupiah
Devalued almost 11 times over 40 years period... 
I wonder whether with the continue depreciation of the rupiah, will the cost of hotel, massage, booking girls, public transport and ferry ticket be raised...  |
Definitely will go 1 direction i.e. North. Not just Indon but everywhere facing inflation. With erratic weather couple with global warming for sure essential foodstuff will face shortage. With uncertain economy looming, capital flight n tariffs war btw Cry baby dotard n china, expect to pay more with rup depressed when cheong Btm.