The rupiah is down, the momentum for exports of Indonesia?
The weakening of the value of the rupiah over the United States dollar, as at present, it is not always bad but can also be seen as a momentum to increase exports. And that's the expectation of the Secretary of Commerce, Rachmat Gobel, in mid-March when the average middle rate retail rupiah against the u.s. dollar of around Rp 12.842 per one us dollar and dropped again to around Rp. 13.300 for one dollar. "The weakening of the rupiah this is our momentum to increase exports," He said in a news conference at the Office of the Ministry of Trade Jakarta, at the time. Indeed in a simple export income will be larger because it means income of one us dollar will be worth more in dollars. My customer with the dollar rising, then the position of the country he is, for example in Spain, the kursnya against the dollar also weakened. He asked for a discount to us, so we also love a discount. Asih But on the field, his calculation is not as simple as that, as General Sec