No policy change despite emergency, Bank Indonesia

INDONESIA - The governor of Indonesia's central bank said yesterday, 23 July the country's foreign exchange and monetary policy remained unchanged despite President Abdurrahman Wahid's declaration of a state of emergency earlier in the day.

"Our monetary and (forex) intervention (policies) are just operating as normal," bank governor Sjahril Sabirin said.

The rupiah strengthened early on 23 July despite the rising political tension on expectations of a change in government.

The rupiah broke the

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