Fed Raises Interest Rate 1/4% IDR15k by Xmas?

What will this mean for Bali?

Usually takes quite a while to work through the system but I’ve noticed prices for commodities rising fairly quickly over the last year so maybe the rate rise is already calculated into the economy?

The Indo Finance Ministry has been buying dollars like crazy over that same year to keep the Rupiah below 14k so they can’t have too many left under the bed, I’m thinking…

Chinese curse anyone “living in interesting times”?

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