October 03, 2024 at 04:29AM
Bank Indonesia, the Indonesian central bank, has intervened in the forex market to support the rupiah:
to ensure the balance of supply and demand
says IDR weakened due to rising geopolitical tension in the Middle East
USD/IDR seen around 15,395
This article was written by Eamonn Sheridan at www.forexlive.com.
Asia market FX intervention