JAKARTA: From Indonesia to India, central banks in emerging markets face rising pressure to prop currencies battling a surging US dollar.
Indonesia’s central bank has intervened in the currency and bond markets by a “sizable” amount, Governor Agus Martowardojo said in a statement overnight.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!