Sunday, April 26, 2009

Slide Presentation

Just make this slide presentations on forex transactions but in Bahasa Indonesia. Want to upload it in this blog, but how can I do it?
hmm.. curious

Wednesday, April 15, 2009

Deleveraging

Just received new word at the office recently, called "deleveraging". What the hell is that??? Its an unwinding position for asset managers, hedge funds, investors, and convert it into safe haven currency. Before crisis, investors tend to borrow and invest the money in the emerging market (similar to carry trade) --> called leveraging. And when the crisis hits, investors liquidate their investments and convert the money to USD. That is what happen recently, and cause Rupiah to fall off the cliff. Fortunately, the election has gone positive, and investors see Indonesia as the alternative investment point as Thailand is currently in deep trouble. Rupiah today touch 10900, much lower than last month's of 12000.