ABU DHABI / WAM The Association of Southeast Asian Nations (ASEAN) Committee, which consists of ...
Read More »Indonesia takes ‘bold’ steps to shield rupiah from virus shock
Bloomberg Indonesia’s central bank is taking “bold†steps to guard the nation’s currency and bonds as mounting concerns about the economic impact of the novel coronavirus epidemic trigger a selloff by foreign investors. Bank Indonesia is intervening in the bond, currency and non-deliverable forwards markets to protect the rupiah, Nanang Hendarsah, the central bank’s executive director for monetary management, said ...
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