Indonesia c.bank to continue intervention to stabilise rupiah


JAKARTA: Indonesia's central bank will continue to intervene in the foreign exchange market to stabilise the rupiah, its governor said on Wednesday, adding that the currency would strengthen next year.

The rupiah recouped some of its losses on Wednesday to stand at 16,265 a dollar by 0603 GMT, after having weakened as much as 0.46% to a four-year low of 16,290.

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