Bank Indonesia leaves rates unchanged, uses FX intervention amid market turmoil

JAKARTA  -Indonesia’s central bank has and will continue to intervene in the currency market amid volatility linked to the closure of some U.S. banks, its governor said on Thursday, after leaving interest rates unchanged for a second straight meeting. Bank Indonesia (BI) Governor Perry Warjiyo noted that the closure of three U.S. banks and problems … Continue reading Bank Indonesia leaves rates unchanged, uses FX intervention amid market turmoil