Bank Indonesia stepped up stability efforts in 2011
Darmin Nasution, the governor of Bank Indonesia, introducing the annual report for 2011, said the central bank increased efforts at promoting a stable currency and banking sector during the year.
"Amid the unrelenting global upheaval, during 2011 Indonesia successfully maintained stability in macroeconomic aggregates and the financial sector," the governor said. Over the year, the central bank ran down foreign exchange reserves to stabilise the currency and purchased government bonds in the
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