Domestic FX Market

Hmmm. I don't know about you but my thoughts about domestic forex market is sucks. They're shallow, unpredictable, and very volatile. Well, according to data, it has never been better, even before the financial crisis. Data mentioned that before crisis FX turnover touched $4.5 billion per day (that would be around what.. $1 triliun per year?), and now it is around $3 billion per day (source: BIS 2007). But this is much better than that of just after the crisis, which is only slightly above $0.5 billion (should we say hooray??). Although it gets better, some people say that Indonesia's FX market is fall behind other countries in Asia, including Thailand. Thailand FX market has surged to be around $6 bio per day, and China.. hmm.. china, china... oooh china. It simply amazing to see China's growth and their ability to withold their outstanding economic performance. But if we discuss china here, it would be OOT, so I would ignore China's amazing achievements. China has touched around $15 bio per day in FX Market. And we don't have to mention Singapore, Hong Kong and Japan. They're considered mature. Oyeah I heard today Vietnam's inflation is surging drastically, is it true? I have to check tomorrow's paper...So what happen here? What happen in Jakarta? Just a thought for today. I'll update whenever I have time...