Kemenkeu raises yield to draw capital and support rupiah
Government cash will remain at BI with higher remuneration to preserve money market and banking liquidity, officials said.
The Business Times (Singapore), Antara News +2
#DPR
2 stories on this subject
Series: Indonesia · Fiscal Monetary Coordination · 5 chapters since Jun 4
Rupiah hits Rp 18.015 per dollar as DPR urges quick action
The weakening currency is already hitting real businesses, with West Java tour bus operators cutting fleets as imported parts get more expensive.
Series: Indonesia · Rupiah Slide · 5 chapters since Jun 4