Amid dollar strength, the Finance Minister of Indonesia expects upside bias in stable rupiah exchange rate
Sri Mulyani Indrawati, on Tuesday, declared that the rupiah exchange rate is expected to remain stable, with a notable upside bias.
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Indonesia central bank maintains steady policy rates to stabilize Rupiah
When questioned about the easing of Bank Indonesia, the governor exclaimed that it would depend on the inflation rate, economic growth, and how quickly the rupiah can strengthen. Governor Perry Warjiyo also said, “We will remain patient to monitor domestic and global conditions.”