Propping up the rupiah was 'right move'-deputy gov

Bank Indonesia has made the right move in propping up the rupiah, BI Deputy Governor Miranda S Goeltom said on Mar 22, 2001.

"BI has made a professional adjustment to prop up the rupiah. We have the data, we know how much base money we have today and how much base money is needed for tomorrow," Goeltom said. The central bank has made its own calculations of the currency rate, "and I think it is the best," she said.

Goeltom however did not comment on the possibility of BI increasing bank interes