Indonesia to 'intervene aggressively' when domestic markets reopen

ReutersApr 7, 2025 5:47 AM

By Stefanno Sulaiman

JAKARTA, April 7 (Reuters) - Indonesia's central bank said in a statement on Monday it would "intervene aggressively" in domestic foreign exchange markets when they reopen after a long break in South East Asia's largest economy on Tuesday.

It said the intervention would come in the spot and non-deliverable forward markets, as well as in secondary bond markets, adding that it had already intervened offshore in Asia, European and New York markets.

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