Bank Indonesia’s Warijyo sees rupiah heading toward 15,000 per dollar by year-end

Bank Indonesia’s (BI) Governor Perry Warijyo said on Thursday, the central bank sees rupiah heading toward 15,000 per dollar by year-end.

Further comments

Bi reiterates current level is “adequate”, committed to maintain stability.

Current level of rupiah is undervalued.

Will ramp up efforts to prevent GDP slowing to below 2.3% in 2020.

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