Wednesday, June 22, 2005

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Crisis of petrol occurs here and as a result of it, the demand of it is arises and in which it increases the price of petrol. According to 'pertamina', petrol/ BBM is going to finish in 17.5 days while on the onther hand, the minister of BUMN has denied it.

The price of petrol which was $59.37/barrel would give a negative impact to importer countries like Indonesia. Further, it seems that rupiah is going to be weaker than US dollars. This is because of profit buying of dollars from corporates and central bank of europe planes to reduce its interests.

How can rupiah become stronger if the people themselves prefer to use dollars for their business transaction than rupiah? For example, buying and selling of tickets flights using US dollars here.They can use rupiah instead of dollars.The reason for using dollars is because it is more profitable . There are no co-operation among the people as what they think are for their own benefits.

2 comments:

Joey said...

alice alice.. well hate it when petrol's price goes up ..thats why until now i still dun get my own car.. car is equals to liability...hehe..anyway the trip is cancel but will hangout in kl hoterl for few days.. will let u know when we confirmed.. miss ya n take care~!

alice angko said...

hey joey thanks for ur comment, why the trip cancel?