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Bank Indonesia vows strong action to stabilize record-low rupiah amid global trade tensions.
Bank Indonesia has pledged to take strong measures to stabilize the rupiah, which hit an all-time low against the US dollar.
The central bank plans to intervene in various markets to maintain currency stability.
This move comes amid a weakening regional economy due to the escalating global trade war, particularly the US tariff increase on Chinese products.
Despite the currency's decline, Indonesian banks are implementing strategies to ensure liquidity and protect credit quality, maintaining confidence in the domestic bond market.
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Bank Indonesia se compromete a tomar medidas enérgicas para estabilizar la rupia sin precedentes en medio de tensiones comerciales mundiales.