Indonesia's central bank threatens forex intervention ...Middle East

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Indonesias central bank threatens forex intervention

Indonesia's central bank pledges to defend rupiah through currency intervention, comments from a senior official at the Bank.

Bank Indonesia's head of monetary management

    will ensure the rupiah exchange rate against the US dollar reflect the currency's fundamentalswill defend the currency through mechanisms including market intervention

    The rupiah and the Indonesian stock market were rocked protests in Jakarta on Friday.

    This article was written by Eamonn Sheridan at investinglive.com.

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