Travelogue - Bali
So we were at this island two weeks before the 'Rinjani' explosion & Chotta Rajan's arrest here made news. Uluwatu - One of the best Views in Bali Indonesian Rupiah or IDR is one of the most depreciated currencies that I've come across. People discount the last three zeros in the currency :) .. Despite not being a net exporter of fuel, Indonesia seems to have kept the fuel rates at very low levels ( Actually comparable to middle east levels ) , thereby resulting in huge pressure on currency . Most of the fuel consumed here apparently comes from Brunei. Rice cultivation / Rice Garden On the demand side, the tourism industry is booming. The Island seems to have emerged from the downturn that came along with the bomb blasts of 2005. Even though the currency is very weak, nothing from food to souvenirs is cheap for tourists. Essentially, as the demand is there, the prices are also marked-up . Government seems to be investing w...