Thursday , 3 October 2024
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Asia market FX intervention

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.

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