Indonesia central bank intervenes in FX, bond markets amid capital outflows

Mon, Feb 24, 2020 - 11:21 AM

Indonesia's central bank has intervened in the spot currency, domestic non-deliverable forward and bond markets amid outflows related to fears of the spread of Covid-19 in South Korea, an official told Reuters on Monday.

PHOTO: BLOOMBERG

[JAKARTA] Indonesia's central bank has intervened in the spot currency, domestic non-deliverable forward and bond markets amid outflows related to fears of the spread of Covid-19 in South Korea, an official told Reuters on Monday.

"There are outflows in the bond (market) and banks are...

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