1. As stock prices lost ground, the rupiah remained weak against the U.S. dollar yesterday on a contagion effect of the weakening of regional currencies. 2. As stock prices increased, the rupiah remained stable against the American dollar yesterday with modest trading, currency dealers said. 3. But the rupiah remains vulnerable. 4. Hanke on Friday suggested that Indonesia could establish a new rupiah along with the currency board, while allowing the old rupiah to remain in circulation domestically. 5. In the currency market, the rupiah remained weak in very quite trading, dealers said. 6. Since all rupiah in circulation must be fully backed by foreign exchange reserves, depletion of those reserves would theoretically mean that no rupiah could remain in circulation. 7. Sjahril said BI would continue to maintain its high interest rate policy as long as the rupiah remained unstable. 8. The economy will worsen and the rupiah will remain unstable. 9. The rupiah remained weak yesterday due to political uncertainty but share prices rose slightly in thin trading on the wake of late buying support. 10. The rupiah remains weak and prices are skyrocketing, triggering riots in several towns. |