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Indonesia ready to intervene to stabilize rupiah as Trump leads election
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Indonesia ready to intervene to stabilize rupiah as Trump leads election

Bank Indonesia said it is ready to act to stabilize the rupiah in the face of excessive volatility. donald trumpThe United States’ early lead in the US presidential race spurs dollar strength.

“BI will always monitor the exchange rate movement of the rupee and other currencies, and will certainly make various efforts to stabilize the exchange rate if there is an excessive increase in volatility.” Fitra Jusdimanits head of monetary and securities asset management said in a mobile phone message on Wednesday.