In Reply to: Ex rate after election posted by chayto on Sunday, 22. June 2014 at 18:56 Bali Time:
The result of the election will have some impact but impossible to say what. It will depend on who wins, what their policies are - and the global confidence in them policies.
I can't see anything having an immediate impact in strengthening the rupiah significantly. Any strengthening will take time.
Not only that - it is not in the interest of Indonesia to strengthen. The weak rupiah has helped them to balance the books so to speak, has aided the export market and restricted the import market - exactly what they want and need to do to improve their global standing.