Indonesian rupiah under extreme pressure |
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Quote: ‘(The 1920’s was living with the) insouciance of Grand Dukes and the morality of call girls.’ F. Scott Fitzgerald (1896-1940) The News: G7 warns on Yen moves; Japan said to expand bank bail-out scheme; Nikkei 225 at 26-year low and PM Aso considering measures to stabilise shares. South Korea slashes a record 75 basis points to 4.25%. Reserve Bank of Australia intervenes to prop up the currency. Indonesian rupiah under extreme pressure. The Numbers: Greenwich Mean Time, with expectations Read More...
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