Bank Indonesia Pledges Support for Rupiah at Record Low
Bank Indonesia spokesperson Ramdan Denny Prakoso stated the central bank will continue taking measured steps to support the rupiah and maintain market liquidity. The central bank is optimizing all instruments to ensure functional market mechanisms after the currency reached another record low on Wednesday.
Indonesia will deploy all available instruments to support the rupiah after the currency hit a record low on June 3. Bank Indonesia has consistently intervened in markets to maintain foreign exchange liquidity and stabilize price mechanisms. Investors view these measures as critical to protecting external resilience and preventing capital flight from Southeast Asia's largest economy.
### Defending the Rupiah Against Record Lows Bank Indonesia spokesperson Ramdan Denny Prakoso said the central bank will take consistent and measured steps to strengthen the nation's external resilience. The currency reached a new record low on June 3.
