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Jakarta – The national shipping actor admitted to having felt the impact of the rupee's exchange rate against the US dollar which continued to weaken and reached Rp. 14,000
President of DPP Indonesia National Shipowners' Association (INSA) Carmelita Hartoto said, rupee fluctuations relative to the US dollar have an impact on the cost of the company.
This can not be separated from certain elements of the expenses of the corporation that must be paid in US dollars.
In addition, loans granted to foreign banks for shipbuilding must be paid in US dollars.
The other element is the insurance of ships with shipping companies. foreign insurance.
"Of course, this is binding on shipping companies, given the national income of national shipping companies using rupiah currency," he adds.
 The weakening of the rupee against the US dollar also affected the growing cost of transactions of Indonesian importers.
For importers, the costs incurred for the value of a particular product will increase if the exchange rate of the rupee against the US dollar continues to weaken. With regard to exporters, it is the opposite. The weakening of the rupee against the US dollar will make the value of the production of a higher manufactured product. Carmelita adds to this effect that domestic firms affected by the weakening of the rupee against the US dollar can not do much, "Our charges are surely heavier because it is difficult for domestic vessels to increase the cargo of ships, which can be an efficiency in the charges that can be suppressed, "he said. (DNA / DNA) Source link Tags businessman complains costs dollar operating Rising Rp ship Related Articles |
