In Reply to: Memories can be tricky. First visit posted by Rangatira on Tuesday, 14. October 2008 at 09:19 Bali Time:
Mind you at that time the Rp was artificially high as this was before floating exchange rates and Mr Suharto had unrealistic expectations..
Singapore was a third world country then but it was still way ahead of Indonesia so it was obvious that the Indonesian unit wasn't really almost 5 times stronger than Singapore.
Also went from USD 52 plus 21% at the Kuta Beach Hotel to NZD 26.00 including brekky at the Hyatt Singapore.