Comments on: Indonesian Rupiah slides further – Expats and Travelers celebrate

By: Dewi

Dewi — Sat, 22 May 2010 12:41:35 +0000

By: bud confused

bud confused — Mon, 22 Dec 2008 02:22:54 +0000

russ, i agree with you but sorry to say i don’t have an anser either. With the way they are printing dollars i would wxpect to see gold at at least $2500.00

By: Expat Rock Star

Expat Rock Star — Sat, 29 Nov 2008 05:29:50 +0000

I have made a killing exchanging rup this month, I started transferring USD into my account here a month ago anticipating a 15K to the USD rate like during the currency crisis – it may actually hit close to that by march from what I hear. I am probably going to buy a condo to rent out with it.

By: dontloseyourhair

dontloseyourhair — Wed, 26 Nov 2008 15:51:52 +0000

Hi there, it’s really good to see a well written blog that’s insightful as well as entertaining. cheers!

By: Chris

Chris — Tue, 25 Nov 2008 16:40:35 +0000

russ, you are spot on! Sometimes you can only watch and wonder.

Nomadic Matt, yep – some currencies aren’t that much affected. Really too bad! Guess it has to do with the percentage of the US Dollar in their basket of reference currencies against the local currency. The Indian Rupee didn’t move at all and the Philippine Peso looks almost the same.

By: Nomadic Matt

Nomadic Matt — Tue, 25 Nov 2008 01:11:16 +0000

sadly, the thai baht is moving in the way I don’t like!! i can’t send any money home!!! grrr

By: indonesia visa

indonesia visa — Mon, 24 Nov 2008 12:30:36 +0000

Thanks for your information… Good lucck…!!!

By: russ

russ — Sun, 23 Nov 2008 18:05:21 +0000

I really don't understand what is going on with foreign currencies. It seems like the more dollars the US creates for the bailouts and stimuli, the higher the dollar goes, as if supply and demand have been suspended. All the currencies I follow—because I'm interested in traveling there—the AUD, MXN, CAD, &c. are down big against the dollar. No expert but I would think that this has to be just a temporary effect as capital is redeployed in response to the big collapse and the new economic reality. Eventually the dollar has got to fall. Doesn't it? I'd definitely like to get down to New Zealand with my USD. NZD has lost like half it's value against the dollar this fall. If only the flights weren't so much. The only one that's held up is EUR, and even the mighty Euro is coming down. I don't get it, but I'm not gonna argue with it.