In Reply to: balitravelforum rate now posted by stormy on Wednesday, 19. May 2010 at 19:48 Bali Time:
Aus dollar is out of favour as its risk averse currency and turmoil in Europe unsettling it, plus interest rates look on hold for a while, plus commodity prices falling out of bed in last few days. As US dollar soars Indo Rup get's a lift as there is some pegging. Some of the outragous prices on hotels in Bali US dollar denominated will look really crazy now. It will help the smaller family run places and cheaper restaurants i guess? Look on the bright side guys, you could be in Bangkok..