In Reply to: Has the exchange rate dropped this week? posted by lsopp on Monday, 26. September 2011 at 17:21 Bali Time:
Although the AUD has weakend against the USD, it has actually strenghtened against the IDR.
There was a sharp strenghtening of IDR on thursday after measures were put in place by the indonesian treasury to try to stabilise their currency, but the effect was short lived, and since yesterday morning the IDR has severely weakened again.
In short, overall the aussie dollar hasnt weakened as such, its the USD which has strengthened.