Bank Indonesia’s Warijyo: In discussion with the US Fed for possibility of swap, repo line
|Bank Indonesia’s (BI) Governor Perry Warijyo is back on the wires this Thursday, via Reuters, noting that the central bank is in discussion with the US Federal Reserve (Fed) for the possibility of swap, repo line.
Current fx reserves are 'adequate' but good to have the second line of defense, he added.
Earlier today, Warijyo said that he sees rupiah heading toward 15,000 per dollar by year-end.
USD/IDR reaction
USD/IDR trades close to the record high reached at 16,640 levels, as the US dollar continues to remain in demand across the board.
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