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IDR/KRW - Indonesian Rupiah Korean Won

Real-time Currencies
Currency in
KRW
IDR/KRWKorean Won
IDR/CADCanadian Dollar
IDR/USDUS Dollar
IDR/AUDAustralian Dollar
IDR/CNYChinese Yuan
IDR/INRIndian Rupee
IDR/JPYJapanese Yen
IDR/THBThai Baht
IDR/TWDTaiwan Dollar
IDR/EUREuro
IDR/GBPBritish Pound
IDR/CHFSwiss Franc
0.0879
+0.0001(+0.11%)
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:)
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