JAKARTA; Indonesia's central bank will remain in the market to stabilise the rupiah, Bank Indonesia's governor said on Friday, after the currency came under pressure this week amid concerns about U.S.-China trade tensions.
"Bank Indonesia is always in the market to stabilise the exchange rate when there are short-term technical factors," Governor Perry Warjiyo told reporters.
Warjiyo said Bank Indonesia will intervene in the spot forex and the domestic non-deliverable forward markets, as well as buying bonds and maintaining liquidity levels.
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