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Speaking in a parliament hearing on Wednesday,  Bank Indonesia (BI), Indonesia’s central bank, Deputy Governor Destry Damayanti  said, “”Bank Indonesia sees rupiah remaining stable according to the market mechanism”.

Further Quotes:

Sees average Rupiah exchange rate at $ 14,000-14,400 in 2019.

Sees average Rupiah exchange rate at $ 13,900-14,300 in 2020.

  • Indonesian FinMin Indrawati sees growing downside risk to proposed 2020 5.3% GDP growth target