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Bank Indonesia’s New Instruments to Protect Rupiah

Monday, November 27, 2023

Bank Indonesia relies heavily on short-term securities to safeguard the rupiah. This strategy carries serious market risks.

arsip tempo : 173222035370.

Bank Indonesia’s New Instruments to Protect Rupiah. lustration: Tempo/Imam Yunianto. tempo : 173222035370.

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

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Yopie Hidayat

Foreign Exchange Bank Indonesia Rupiah weekly economic review Global Market SVRI SUVBI
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