Rupiah hits 18,000 level with markets on guard for intervention
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Rupiah hits 18,000 level with markets on guard for intervention
(June 4): The Indonesian rupiah weakened to the psychological level of 18,000 per dollar, putting investors on watch for a stronger response from the central bank. The local currency fell 0.3% on Thursday, bringing its decline this year to more than 7%. BNP Paribas SA, MUFG Bank Ltd and PT Mega Cap»»»
Rupiah falls through key psychological level, putting markets on guard for intervention
JAKARTA - The Indonesian rupiah fell below the key psychological level of 18,000-per-US dollar on June 4, putting market watchers on watch for intervention from the country’s central bank. The currency slumped 0.35 per cent to 18,029.5 per US dollar as at 11.06am Singapore time, bringing its declin»»»
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