Quote:
Originally Posted by Black Page
I have the feeling that in Batam prices of goods oriented to foreigners (for example, booking girls, hotel rates,...) are locked to their equivalent in SGD.
If IDR devaluates vs. SGD, after a while the prices in IDR will go up correspondingly.
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Just back from Batam, got rate of 1.067juta IDR for S$100 at BC Ferry Terminal but prices of goods in Batam still about the same like old days. Maybe, prices will increase later? Girls still 400k/800k from WeChat, 1 to 1.2 juta at booking joints.