BANK Indonesia is launching two new instruments to protect the rupiah amid global market turmoil. They are Sekuritas Valas Bank Indonesia (SVRI) or Bank Indonesia (BI) foreign exchange securities, auctioned last week, and Sukuk Valas Bank Indonesia (SUVBI) or BI foreign exchange Islamic bonds, scheduled for November 28. This adds three new instruments to BI’s toolkit, following the earlier launch of Sekuritas Rupiah Bank