Indonesia central bank to remain in market to stabilize rupiah-governor

09 Aug, 2019

"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.

Copyright Reuters, 2019

Read Comments