Cempaka Business and Economy: ‘Don’t Worry About Rupiah’

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Friday, February 13, 2009

‘Don’t Worry About Rupiah’

Jakarta Globe, February 13, 2009

A money changer holds smaller denominations of the rupiah on a street in Jakarta. (Photo: Beawiharta, Reuters)

Central bank chief Boediono promised that BI would continue to defend the rupiah as the currency weakened 1.2 percent on Thursday, to Rp 11,950 to the dollar on concerns that the country’s foreign-exchange reserves were dwindling.

“The US currently has a very strong dollar, which is not matching their economic fundamentals. The strength is also due to the billions of dollar pumped by the Federal Reserve, so there will be time for adjustment of the dollar against other currencies, making other currencies eventually appreciate against greenback,” the BI governor said.

Boediono said BI has also been planning a second line of defense to guard the rupiah, in the form of a bilateral foreign exchange swap with Japan.

He said that the discussion regarding the bilateral swap agreement was still ongoing and positive, “and hopefully the agreement could be signed this month.”

Boediono’s comments came after a report on Thursday that Bank Indonesia’s moves to prop up the currency and buy up rupiah with US dollars in currency reserves were spooking the market, which believed the moves could be unsustainable.

BI’s foreign exchange reserves have slumped 16 percent to $50.9 billion since the end of July. While the bank does not reveal how much it spends defending the rupiah, lower reserves are normally a sign of such a defense.

The national oil and gas company PT Pertamina had also been reported as buying up $100 million to $150 million US dollars a day, according to Emanuel Kurniawan, the head of foreign-exchange trading at PT Bank CIMB Niaga, who told Bloomberg that “everybody is keeping the dollar, they don’t trust the rupiah.”

Pertamina buys US dollars to use to buy gasoline on the international market.

When asked about the moves, a Pertamina official scoffed at the notion that Pertamina is increasing its dollar purchase, saying instead that it was only to fulfill its regular fuel import needs.

Frederick Siahaan, Pertamina's finance director said all the dollar transactions were made under tight coordination with the central bank.

“Currently, our dollar transactions are bellow from last year following the decrease of fuel import values,” said Frederick. “T ransactions made this year are the lowest in three years.”

Meanwhile a Singapore analyst said that the rupiah is moving pretty much in line with regional currencies.

“There has been great pressure on regional currencies in the past few sessions, and the rupiah is one of them,” said Gundy Cahyadi, an analyst at Singapore based Idea Global said on Thursday.

Gundy however, said that with its Rp 50 billion reserves, “the central bank can still hang on to the pressure on the IDR, and they should be smart enough to save their ammunition.”

Cempaka Business and Economy

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Friday, February 13, 2009

‘Don’t Worry About Rupiah’

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