👀 Copy Legendary Investors' Portfolios in One ClickCopy For Free

IDR/KRW - Indonesian Rupiah Korean Won

Real-time Currencies
Currency in
KRW
0.0890
-0.0006(-0.67%)
Real-time Data

IDR/KRW Discussions

Indonesia will be in national default before end of 2018:) They are severely running out of cash now:) Its foreign currency reserve is getting done in 4 months:)
Indonesia financial situation is hitting hard and hard China, Malaysia, and Singapore so badly. As you know that Indonesia is getting into national default situation, it will be in the default situation before end of 2018, based on its lack of foreign currency reserve:) China, , Aussie, Singapore banks have loaned multi-billionsUS$ to Indonesia esp Palm Industry etc:) And Indonesia has no money to pay back for the next decade:)
Indonesian Bank is running out of money, it has been spending too much money to keep Rupiah's value, however there are two serious problems in Indonesian economy. 1. Deficit of account balance 2. Deficit of trading.
Chinese Corps bankruptcy by 2nd Q of 2018 rate has been already surpassed the numbers of 2016, which were the biggest defaults companies nationwide in China. Buy Korean Won, Japanese Yen, US$ against Aussie$, TWD, H.K$, Singapore$, NZ$, and Euro!
Sell Aussie$, Singapore$, NZ$, HK$, and Euro against Korean Won, the reason is that: . . In fact, the S.Korean domestic economy may be suffering from the holding interest rate by BOK due to increasing more and more goods from overseas esp oil and gas from US, Middle East and so on:) . . However, S.Korean companies such as LG Electronics, Samsung Electronics, S.K Hynix etc already became multi-national corps, means that they are free from the tension between China and USA as a great supplying channel unless China and USA both ban all of importing activities, means that US and China impose tariffs on both products not S.Korean goods esp intermediate products, which must be imported to manufacture complete products:). . As a matter of fact, the multi-national corps, mentioned above from S.Korea, will be the biggest winner as a great supplying channel as they have been in the world market since 2011yr:) . . However what about Aussie, NZ, H.K, Singapore etc? No Growth Engine for them:)
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.