Indonesia Central Bank Sees Rupiah Strengthening in 2025

June 04, 2024, 04.34 PM | Source: Reuters
Indonesia Central Bank Sees Rupiah Strengthening in 2025

ILUSTRASI. Bank Indonesia expects the rupiah to strengthen from current levels and trade in a range of 15,300 to 15,700 per dollar in 2025.

RUPIAH - JAKARTA. Indonesia's central bank expects the rupiah to strengthen from current levels and trade in a range of 15,300 to 15,700 per dollar in 2025, its governor said on Tuesday.

Governor Perry Warjiyo delivered the statement in a meeting with parliament to discuss economic assumptions for 2025, which will be used by the government to formulate next year's budget.

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