# Indonesia central bank says ready to stabilise rupiah if needed | Reuters

> On November 6, 2024, Bank Indonesia said it was ready to stabilise the rupiah, including through intervention if volatility became excessive. The rupiah fell as much as 0.7% to 15,840, its weakest since August 13, after US election results.

- Date: 2024-11-06 · published 2024-11-06T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/27732-indonesia-central-bank-says-ready-to-stabilise-rupiah-if-needed-reuters
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Signals of central bank readiness to defend the currency may limit extreme rupiah moves, but the post-election dollar rally still raises import costs for Indonesian feed buyers.

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/indonesia-central-bank-says-ready-stabilise-rupiah-if-needed-2024-11-06/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.