US EditionIndonesia central bank to continue intervening to defend depreciating rupiah
4 Articles
4 Articles
Finance Minister Purbaya Yudhi Sadewa spoke out about the rupiah's weakening against the US dollar, which has reached around Rp 16,860.
Indonesia central bank to continue intervening to defend depreciating rupiah
JAKARTA, Jan 14 : Indonesia's central bank will continue intervening in the foreign exchange markets to ensure moves in the rupiah exchange rate reflects the currency's fundamentals, it said on Wednesday, as the currency trades near a historic low.The rupiah has been steadily depreciating so far this year, an
Finance Minister Purbaya Yudhi Sadewa believes that the rupiah exchange rate will strengthen against the US dollar in two weeks.
Finance Minister Purbaya Yudhi Sadewa expressed optimism amid the weakening rupiah, which is approaching Rp17,000 per US dollar. The Finance Minister...
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
