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Bank Indonesia intervened in spot, non-deliverable forward and bond markets on November 15, 2024, as the rupiah approached 16,000 per dollar. The rupiah pared losses to trade near 15,897.
Investors had pulled more than $1.2 billion from Indonesian markets that month.
Central bank intervention limits near-term currency weakness, but ongoing outflows and rate-cut doubts keep Indonesian import costs under pressure.
businesstimes.com.sgNov 15, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
