Bank Indonesia to Defend Rupiah Amid Volatile Oil, Analysts Say

Indonesia’s central bank may continue to defend the rupiah around a key threshold as volatile oil prices, a stronger dollar and risk-off flows tied to the Iran conflict deepen concerns...

By Prima Wirayani · Bloomberg Markets

Indonesia’s central bank may continue to defend the rupiah around a key threshold as volatile oil prices, a stronger dollar and risk-off flows tied to the Iran conflict deepen concerns over the nation’s investment appeal.