Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Indonesian Rupiah: BI measures may slow IDR losses against US Dollar - MUFG

MUFG’s Lloyd Chan notes that Bank Indonesia (BI) kept the BI rate at 5.75% while tweaking its policy mix to support the Indonesian Rupiah (IDR) without broadly tightening financial conditions. The bank cut reserve requirements and enhanced DNDF hedging incentives.

Indonesian Rupiah: BI measures may slow IDR losses against US Dollar - MUFG

We haven't written up this one. FXStreet has the full story — the link below goes straight to it.

Read the original at fxstreet.com →

More in Finance & Markets

More from Thursday 22 October →