Indonesia central bank intervening in FX market to prevent rupiah appreciation
Indonesias central bank has been intervening in the foreign exchange market to curb strong rupiah appreciation, its deputy governor Sugeng told an economic conference on Monday.

Lately weve been keeping the rupiah from being too strong so that it doesnt hurt exports, said Sugeng, who like many Indonesians only goes by one name. We hope this convinces investors that Indonesia is taking measured steps to improve its fundamentals.

The rupiah has gained 1.1 per cent so far this year, but movement has been limited in the past few months.

Source : The Business Times May 13, 2017

 
Bank note current rate:
  currency buy sell
USD 13,775 0
AUD 9,575 0
SGD 9,875 0
CAD 10,600 0
GBP 18,500 0
EURO 15,650 0
SFR 14,975 0
YEN 121 0
NZD 9,150 0
   Last Updated :03 Dec 2021 - 03:24 PM
These are indicative rates. For actual exchange rates, please visit or call our outlets at (0361) 4741 940. We reserve the right to change the rates at any time without prior notice.
Currency Converter

Please Note :
Central Kuta does not sell foreign currencies in small denominations. Please Contact us for further information.