Indonesia Central Bank to Use All Available Instruments Boldly to Stabilise Rupiah

RUPIAH - JAKARTA. Indonesia's central bank is committed to maintaining rupiah stability by using all available instruments "boldly", including continued intervention in the offshore and onshore non-deliverable forward markets, its governor said on Friday.

The central bank is certain that currency stabilisation efforts will guide the rupiah to reflect fundamental value, Governor Perry Warjiyo said, adding that he urged market players to maintain a conducive climate.