Bank governor: Operations remain normal despite clashes


  • ASEAN+
  • Friday, 24 May 2019

JAKARTA: Indonesian banks have operated without dis­ruption despite civil unrest in parts of the capital city, the central bank governor said, adding that he didn’t think the skirmishes had prompted capital outflows.

“In places where the riots happened, not only banking but other activities were disrupted, but the banking operation has remained normal,” Perry Warjiyo told a news briefing on financial stability yesterday.

Warjiyo, who reiterated his commitment to support the rupiah , also said the outflows that pushed the currency to its weakest level in 2019 a day earlier were caused by global factors, rather than the riots in Jakarta.The rupiah rebounded 0.2% to 14,485 a dollar at 0610 GMT yesterday.

The country’s main stock index rose 1.5% on the back of solid do­mestic investors buys. — Reuters


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