Bank Indonesia’s Warijyo sees rupiah heading toward 15,000 per dollar by year-end
|Bank Indonesia’s (BI) Governor Perry Warijyo said on Thursday, the central bank sees rupiah heading toward 15,000 per dollar by year-end.
Further comments
Bi reiterates current level is "adequate", committed to maintain stability.
Current level of rupiah is undervalued.
Will ramp up efforts to prevent GDP slowing to below 2.3% in 2020.
There is possibility of govt global, domestic bond sales to be increased to finance budget deficit.
Market has capacity to absorb larger govt bond sales.
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