Central Banking

Bank Indonesia says rupiah rate 'realistic'

Bank Indonesia governor Burhanuddin Abdullah said the 2006 draft budget assumption of the rupiah's average exchange rate next year at 9,400 to the US dollar is "realistic".

"It is realistic. We are optimistic that our economy will rebound," the central bank chief told reporters at parliament.

Abdullah said current pressures on the rupiah stem mainly from external factors, including rising oil prices and global interest rates.

But there is an opportunity for the country's exports and investments to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.