Reported 19 days ago
Bank Indonesia is focusing on stabilizing the rupiah in light of Donald Trump's likely victory in the US presidential election, which could increase pressure on the Indonesian currency. While the central bank still sees potential for interest rate cuts, immediate efforts will prioritize maintaining exchange rate stability amidst global volatility and geopolitical tensions. Governor Perry Warjiyo emphasized that caution is crucial in responding to these dynamics, as they can significantly impact emerging markets like Indonesia.
Source: YAHOO