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Bank Indonesia’s Warijyo: Will remain consistent to maintain rupiah, financial system stability

Addressing a scheduled press conference on the coronavirus outbreak, Bank Indonesia’s Governor Warijyo said that they will remain consistent to maintain rupiah, financial system stability while keeping GDP growth momentum.

Additional quotes

China’s export and import activities have risen, though in early stages.

Global investors are putting money in cash, gold amid coronavirus-related uncertainty.

To increase intensity of intervention in financial markets to maintain rupiah stability.

To increase volume of intervention in financial markets during triple intervention.

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