Indonesia's Central Bank to Intervene in Spot and NDF Markets for Rupiah Stability Amid US-China Trade War

Indonesia's central bank has announced plans to enhance its interventions in domestic markets, including spot and non-deliverable forward (NDF) markets, to maintain the stability of the rupiah. This decision comes in response to increasing global market volatility linked to the ongoing trade tensions between the United States and China. The bank aims to guarantee liquidity in the currency markets as it continues to address the impact of the US-led trade war on the Indonesian economy.