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NEWS UPDATES Asean Affairs   5 September 2013  
Rupiah suffers worst plunge in the NDF market since 2009

The rupiah has suffered its worst plunge in the non-deliverable forward (NDF) market for one month contracts since 2009.

The rate dropped by two percent to Rp 11,756 per US dollar on Wednesday and even touched Rp 11,788 per dollar, the weakest since April 2009. This figure is 5 percent weaker than the rate recorded in the spot market. reported the decline was driven by market players’ concern over the possibility of a United States attack on Syria. If an attack takes place, then crude oil price rates could jump and severely affect Indonesia’s trade and current accounts.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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