Government Deploys Rp 2 Trillion Daily to Stabilize Rupiah and Bond Markets
Politics

Government Deploys Rp 2 Trillion Daily to Stabilize Rupiah and Bond Markets

The Indonesian Ministry of Finance is injecting Rp 2 trillion daily into the bond market to stabilize the Rupiah against the US Dollar. Finance Minister Purbaya Yudhi Sadewa emphasized that the government has sufficient fiscal buffers to sustain this intervention.

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