STEP BANK INDONESIA KEEPS MONETARY STABILITY

The Governor of Bank Indonesia Perry Warjiyo (mid) accompanied by Deputy Governor of Senior Destry Damayanti (left), and Deputy Governor Erwin Rijanto, provided a press on policy steps to maintain monetary and financial stability due to the impact of the corona virus in the Bank Indonesia Building, Jakarta, Monday (2/3/2020). Bank Indonesia prepares five steps to maintain economic stability including improving the intensity of triple intervention in order to exchange rates move as fundamental and market mechanisms, lowering the ratio of the Minimum Giro Wajib (GWM) of the Conventional and Sharia General Bank Foreign Exchange, and expand the underlying type of transactions for foreign investors. ANTARA PHOTO/Indrianto Eko Suwarso/ama.