JAKARTA (Reuters): Indonesia's central bank will use all its monetary instruments to stabilise the rupiah currency, Deputy Governor Destry Damayanti said in a parliamentary hearing on Tuesday, after the currency hit a fresh four-year low.
The rupiah touched 16,300 per dollar earlier on Tuesday, its weakest since 2020, before paring some losses. The currency has come under pressure in recent days as investors reacted to U.S. data that might impact the start of the Federal Reserve's monetary easing.
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