✉news BusinessBanking first seen 16 h ago, last 30 min ago, peak #9
Indonesia central bank staying active in currency interventions, official says
Original: Indonesia central bank consistent in its currency interventions, official says
A senior Indonesian official said Bank Indonesia has been consistent in intervening in the foreign exchange market to support the rupiah. The statement comes as emerging market currencies face pressure from a strong dollar and global uncertainty. The pledge is meant to reassure investors that the central bank will act to curb excessive volatility and defend the currency when needed.
Why now: Traders are watching whether Bank Indonesia will keep defending the rupiah amid currency volatility.
Rank over time, top of the chart is #1. 13 snapshots from 16 h ago to 30 min ago.
Evidence
- Indonesia central bank consistent in its currency interventions, official says · Reuters
- Indonesia central bank consistent in its currency interventions, official says · TradingView
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