Indonesia central bank says rupiah has room to strengthen; more focus will be put on supprting local currency

Bank Indonesia

JAKARTA, July 10 (Reuters): Indonesia's rupiah has room to appreciate against the US dollar and the central bank is focusing its policy on supporting the rupiah with its currency interventions, a deputy central bank governor said on Monday.

Destry Damayanti made the comments at a parliamentary hearing, after the rupiah on Monday hit levels last seen in March. The currency was down 0.4% at 15,190 per US dollar at 0815 GMT.

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Indonesia , curremcy , strengthening , Central Bank , More Focus , Full Support

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