Friday, 7 Zulqaidah 1439 / 20 July 2018

Friday, 7 Zulqaidah 1439 / 20 July 2018

Security disturbance only had slight impact on rupiah: BI

Rabu 16 May 2018 01:10 WIB

Red: Reiny Dwinanda

Bank Indonesia Governor (BI) Agus Martowardojo

Bank Indonesia Governor (BI) Agus Martowardojo

Foto: Republika/Putra M. Akbar
Compared to the same incident in the past, bomb attacks bring minor impact on rupiah.

REPUBLIKA.CO.ID, JAKARTA -- Bank Indonesia Governor (BI) Agus Martowardojo opined that bomb attacks in several locations in East Java on Sunday and Monday had only slightly affected the exchange rate of the local rupiah against foreign currencies. In general, the bombing incidents had a slight impact on the economy when the security disturbance in Indonesia was being observed by the global community.

Nonetheless, as compared to the same incident in the past, the bomb attacks on Sunday only had a minor impact.

Also read: Rupiah depreciates to Rp14,012 on Tuesday's opening

Martowardojo pointed out that Indonesia's economic fundamentals were, so far, strong. He called on the people to not panic and remain calm in the face of the volatility in the exchange rate that occurred in recent days.

"BI will certainly always be in the market to maintain stability of the rupiah exchange rate, even if it has touched the exchange rate of Rp14 thousand per US dollar. The figure in terms of the percentage is small. Other countries are in a worse condition than our country," Martowardojo noted in Jakarta on Tuesday.

Sumber : Antara
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