Letters

BI’s Response

WE need to respond to the article entitled An Unintended Surplus in the Tempo issue of May 19-25. First, as a central bank, Bank Indonesia (BI) is primarily tasked to maintain the rupiah exchange rate based on non-profit orientation.

While managing the monetary policy, an excess such as surplus or deficit could happen. But this is not treated the way a profit-oriented company would do. The surplus will be used to strengthen BI

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