JAKARTA. Bank Indonesia (BI) has said it is time for exporters to release their foreign currencies. “The release of foreign currencies will help equalize the rupiah exchange rate. I think now is the time for exporters [to release their foreign currencies],” said BI Governor Agus Martowardojo as quoted by Antara at the House of Representatives compound in Jakarta on Monday. The BI governor said that to maintain the rupiah and keep it balanced was something that required global thinking, especially with respect to imports and exports, he added.
BI urges exporters to release foreign currency
JAKARTA. Bank Indonesia (BI) has said it is time for exporters to release their foreign currencies. “The release of foreign currencies will help equalize the rupiah exchange rate. I think now is the time for exporters [to release their foreign currencies],” said BI Governor Agus Martowardojo as quoted by Antara at the House of Representatives compound in Jakarta on Monday. The BI governor said that to maintain the rupiah and keep it balanced was something that required global thinking, especially with respect to imports and exports, he added.