1. As they do that, they send the rupiah tumbling, making it more expensive to pay the next installment on their overseas loans. 2. Also, companies, looking to pay off short-term foreign debt, bought dollars, sending the rupiah plunging even more. 3. Gains in banks offset a decline in PT Indocement Tunngal Prakarsa amid concern the rate cut might send the rupiah south again. 4. Indonesia increasingly finds itself caught between a rock and a hard place as Indonesian indebted companies clamor for lower interest rates, sending the rupiah plunging. 5. The purchases, in turn, are sending the rupiah tumbling and making it more expensive to pay the next installment on their overseas loans. 6. He met Vice President Bacharuddin Jusuf Habibie, an equally controversial figure who sent the rupiah to new lows when speculation rose last January that Suharto may pick him. 7. They said trading volume was extremely light yesterday, with operators easily sending the rupiah down sharply with only one million dollars. 8. The sudden trip sent the rupiah falling against the dollar, although the currency later rallied on news he had been declared in good health. |