Indonesia C.Bank Participating in FX Market to Prevent Extreme Volatility

RUPIAH - JAKARTA. Indonesia's central bank is participating in the foreign exchange market to prevent extreme volatility, a senior official said on Monday, amid a weakening of its rupiah currency.

The rupiah weakened 0.59% to 16,285 against the dollar on Monday as of 0214 GMT. In recent days, the currency has been hovering at a four-year low level amid a strong dollar.

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