USDIDR Off Beat Pair

27 มี.ค. 2021

Indonesia tried to print value for the currency as #MMT prescribed. Now it costs 30,000 IDR to buy an cup of espresso!
Soon it will cost 40,000 as the dollar will likely rise from here.

22 พ.ย. 2022

บันทึก

Off beat pairs are great money makers if you know how to trade them and are not in rush. Still long.

4 ส.ค. 2023

บันทึก

I can't say I am surprised. It now costs an extra 700 IDR to buy $1. In other words, you need about 40,000 IDR to buy a double espresso in Indonesia. LOL!

Could you imagine being on vacation and you needed $40,000 to buy coffee? SMH!

Oddly enough Indonesia wants to join BRICS too. As if that would save their situation.