Rupiah stability in focus as Indonesia eases requirements

Bank Indonesia
Bank Indonesia
Christopher Jeffery

The Indonesian rupiah’s stability has been made a high priority by the country’s central bank when making monetary policy, analysts said, after the institution eased one policy measure.

Bank Indonesia (BI) has cut reserve requirements for conventional and Islamic banks by 50 basis points to 6% and 4.5%, respectively, while leaving the key seven-day reverse repo rate unchanged at 6%, it said in a statement on June 20.

“In general, rupiah exchange rate stability has been maintained,” the central

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: