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Indonesia's foreign-exchange reserves fell to a nearly two-year low in March as the central bank intervened to stabilize the rupiah.
Updated ·First reported ·1 source
Summary
Indonesia's foreign-exchange reserves fell to a near two-year low in March, marking the third consecutive monthly decline. The drop comes as the central bank increased market intervention to stabilize the falling rupiah.
Key Facts
- •Indonesia's foreign-exchange reserves fell to the lowest level in nearly two years in March.[1]confirmed
- •The decline represents the third straight month of falling reserves.[1]confirmed
- •The central bank intervened in the market to stabilize the falling rupiah.[1]confirmed
Sources (1)
- initial report
Changelog
initial reportv1
Automated synthesis
Show summary
Indonesia's foreign-exchange reserves fell to a near two-year low in March, marking the third consecutive monthly decline. The drop comes as the central bank increased market intervention to stabilize the falling rupiah.
- • Indonesia's foreign-exchange reserves fell to the lowest level in nearly two years in March.
- • The decline represents the third straight month of falling reserves.
- • The central bank intervened in the market to stabilize the falling rupiah.