Cempaka Business and Economy: Rupiah Rally to Continue, But Beware of Hot Money

"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. …”

Saturday, March 21, 2009

Rupiah Rally to Continue, But Beware of Hot Money

The Jakarta Globe, Ardian Wibisono, March 21, 2009

The rupiah strengthened against the US dollar this week. (Photo: Adek Berry, AFP)

The rupiah changed track and strengthened against the dollar in the past week, an upward movement that the Bank Indonesia chief says may have to do with a likely depreciation in the value of the US dollar.

However, despite a short-term increase in the amount of foreign money coming into the country, with hedge funds now believed to be once again investing here, analysts warn that this recent bout of investor confidence may just be a flash in the pan fuelled by hot money.

The currency continued its upward rally on Friday along with other regional currencies, including the Malaysian ringgit, the Singapore dollar and the Korean won, as foreign investors regained confidence in riskier portfolios that offer higher returns, including Indonesian stocks and bonds.

According to Bloomberg's data, the rupiah rose 1.9 percent this week, its biggest weekly gain of the year, to 11,775 per dollar as of 5:46pm. The won also gained 5 percent this week to 1,412.50 per dollar at the 3 p.m. local close, according to Seoul Money Brokerage Services Ltd. Malaysia’s ringgit rose 1.7 percent to 3.6440. Along with the Singapore dollar, these currencies completed their biggest weekly gains since the five days ended Dec. 19.

Economists here and overseas have for some time predicted that the US dollar would eventually weaken dramatically against other currencies this year, as money supply in that country increases because of President Obama’s stimulus and financial sector rescue packages.

Bank Indonesia Governor Boediono speculated on Friday that a long-term weakening of the dollar may be setting in. He said that the rupiah would continue to strengthen in the medium term against the greenback as the dollar supply increases.

“In the medium term, the US dollar will tend to weaken against other currencies. The recently announced policies [by the US government] have increased the dollar supply, and eventually the dollar will spill back to other countries causing it to weaken,” Boediono said.

Standard Chartered Indonesia also predicted that the rupiah would gradually strengthen to Rp 9,800 per US dollar by the end of the year. However, a Standard Chartered economist, Eric Sugandi, said he believed that increased confidence in the United States, due to recent moves by the US Federal Reserve, was causing a spike in confidence that might not be sustained.

“The Fed policy of buying US T-bills and mortgage securities is sparking positive sentiment with investors. They believe that the move will help the US economy to recover faster,” Eric said on Friday. “Investors are gaining the confidence to buy emerging market stocks, which are more risky yet offer higher yields.”

The yield on Indonesia’s 11.5 percent bond due September 2019 dropped 1.52 percentage points to 12.28 percent, based on Friday closing prices at the Inter Dealer Market Association. The figure indicates bond prices are increasing due to increasing demand.

The Jakarta Composite Index increased by 3.7 percent this week, from 1,312.092 on March 17 to 1,360.889 on March 20. Foreign investor net buys were increasing the gains.

“The main point is Indonesia enjoys positive fundamentals and growth expectations, and this is an advantage for us in attracting investors,” Eric said.

Eric said Indonesia’s stocks presently were underpriced compared to regional stock markets, with very low price-to-earning ratios, which could promise extremely high returns over the long-term.

Related Article:

Rupiah may strengthen on increased dollar supply

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Saturday, March 21, 2009

Rupiah Rally to Continue, But Beware of Hot Money

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