Bank Indonesia buys local bonds


SINGAPORE: Indonesia’s central bank bought 6.5 trillion rupiah in Indonesian government bonds in the secondary market to temper market volatility after the US presidential election, its deputy governor said.

Bank Indonesia (BI) bought a portion of the Indonesian government bonds that foreign investors sold in the wake of the US presidential election on Nov 8, deputy governor Perry Warjiyo said in an interview with Thomson Reuters.

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Business , Bank Indonesia , bonds , volatility

   

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