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BI's about-face on rupiah is challenged by lack of reserves

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The rupiah rallied 0.6 per cent last week to 13,118 per US dollar as the central bank voiced its support for the currency.

Jakarta

INDONESIA'S foreign-exchange reserves, the smallest in South-east Asia relative to economic output, are coming under scrutiny as the central bank starts to combat the rupiah's slide to a 16-year low.

"Indonesia is not in a comfortable range when it comes to reserves,"

sentifi.com

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