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batik benefit benefits carnival commemorate currency depreciation dollar end estimated expected festival foreign increase indonesia indonesian java lantern million night ramadan reap rupiah sector solo tour tourism tourists transaction travel value will yearINDONESIA TO REAP BENEFIT FROM CURRENCY DEPRECIATION Editorial Image
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Title
INDONESIA TO REAP BENEFIT FROM CURRENCY DEPRECIATION #47838002
Description
The annual Solo Batik Carnival in Solo, Java, Indonesia. The Indonesian tourism sector is expected to reap benefits from the rupiah depreciation against the US dollar. The Indonesian Association of Tour and Travel Agents (Asita), estimated that the transaction value of foreign tourists by the end of this year will increase to US$500 million
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