Indonesia's central bank reduces spot-market currency intervention
Reuters reports that governor Destry Damayanti told a parliamentary hearing the bank had reduced spot-market foreign-exchange intervention to 30% of the total because it was too costly.
TLDR
Reuters reports that Indonesia's central bank scaled back its foreign-exchange intervention in the spot market to 30% of the total. Governor Destry Damayanti cited the cost at a parliamentary hearing on September 28.
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