Indonesian central bank governor Perry Warjiyo stated at a press conference that against the backdrop of a strong dollar, deteriorating geopolitical tensions, and an expected reduction in the number of interest rate cuts by the Federal Reserve, the bank will continue to intervene in the Forex market to stabilize the exchange rate of the Indonesian Rupiah. Our exchange rate policy remains focused on maintaining the stability of the Indonesian Rupiah to respond to Global uncertainty. A 'stronger policy response' is needed to mitigate the impact on Emerging Markets currencies, including the Indonesian Rupiah.
印尼盾疲软之际 印尼央行承诺继续干预汇市
As the Indonesian Rupiah weakens, the Indonesian central bank promises to continue intervening in the exchange market.
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