Category: rupiah
-
Indonesia central bank intervenes to defend faltering rupiah By Reuters
•
JAKARTA (Reuters) – Indonesia’s central bank has intervened in the foreign exchange market to defend the rupiah, the Indonesian central bank governor said on Friday, pledging to use monetary policy to stabilize the currency after it fell. to its lowest levels in four years against the dollar. The rupee fell…
-
Indonesia central bank to continue intervention to stabilise rupiah By Reuters
•
Written by Stefano Soliman JAKARTA (Reuters) – Indonesia’s central bank will continue to intervene in the foreign exchange market to stabilize the rupiah, the governor said on Wednesday, adding that the currency will strengthen next year. The rupee recovered some of its losses on Wednesday to reach $16,265 by 0603…