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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Sri Mulyani Indrawati, on Tuesday, declared that the rupiah exchange rate is expected to remain stable, with a notable upside bias.
Investors are dusting off intervention playbooks once again as a resurgent dollar raises the spectre of fresh efforts.
Asian markets face turbulence as China's economic challenges and speculation over potential rate cuts contribute to a slide in stocks, leaving investors on edge amid a volatile landscape.
The country is prepared to take necessary measures to address excessive currency market fluctuations, according to the country's chief currency official. Kanda, voiced his apprehension about the swift depreciation of the yen against the U.S. dollar, emphasizing Japan's vigilance in the matter.
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