Rupiah Undervalued, Bank Indonesia Prepares Seven Strengthening Measures
Governor of central bank Bank Indonesia Perry Warjiyo expressed optimism about the rupiah exchange rate outlook. At the limited meeting chaired by President Prabowo Subianto at Merdeka Palace, Jakarta, Perry stated that the rupiah is currently undervalued and poised to strengthen following the robust national economic fundamentals. “As mentioned by the Coordinating Minister, our fundamentals […]