BUSINESSBLOOMBERG
Rupiah Near 18,000 Level Has Markets on Guard for Intervention
The Indonesian rupiah approached the 18,000 level, prompting market vigilance for potential intervention. Indonesia's new finance minister announced a $12 billion cash injection to stimulate lending, aligning with President Prabowo Subianto's growth agenda.
Related Signal
Adjacent reporting
- Indonesia Intervenes in Markets as Rupiah Sets New Record Low
- Indonesia Kicks Off Latest Foreign Bond Sale as Pressure Builds
- Bank SMBC Indonesia Sells $1.1 Billion in Pension Loans to BTN
- Bitcoin briefly tops $82,000 on improving macro conditions; Sui jumps 25%
- Indian Rupee Rises Most in Asia on Central Bank Intervention
- JSW Motors Ties Up $826 Million Funding From India’s Top Bank