Home Official: Bank Indonesia intervenes to curb capital outflows amid coronavirus spread

Official: Bank Indonesia intervenes to curb capital outflows amid coronavirus spread

Updated: 24 Feb. 2020 | 04:47

Nanang Hendarsah, Head of monetary management at Bank Indonesia (BI), said by a text message on Monday, the Indonesian central bank intervened in spot fx, domestic NDF and bond markets to stem outflows related to fears of the spread of coronavirus (COVID-19) in South Korea.

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