SUBSCRIBERS

Indonesia douses talk of curbs to capital and exchange rate

Published Wed, Nov 18, 2015 · 09:50 PM

Jakarta

INDONESIA has reaffirmed its commitment to allowing the free movement of capital and a floating exchange rate, putting to bed concerns that the government would impose capital controls to manage the rupiah and dollar liquidity.

Edi Prio Pambudi, assistant deputy minister in the Economics ministry, told Reuters on Wednesday:

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here