rupiah

Bank Indonesia has reduced its interventions in the foreign exchange spot market, according to the central bank governor. The move suggests officials see pressure on the rupiah easing, though the bank is expected to keep supporting the currency through other tools such as the secondary bond market if needed.

A Bank Indonesia official said the central bank remains consistent in intervening in the foreign exchange market to support the rupiah. The statement signals that authorities intend to keep defending the currency amid pressure, reassure investors, and stabilise market expectations. Traders are watching the bank's actions closely for signs of how far it will go to curb volatility.