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MAS can ease rupiah woes, says Gus Dur

Indonesian President Abdurrahman Wahid said that he disagreed with Singapore's senior minister Lee Kuan Yew over the role the Monetary Authority of Singapore could play in stopping commercial banks from speculating on the rupiah.

Singapore announces changes in currency policy

The Monetary Authority of Singapore, the central bank, has allowed banks in the country to lend Singapore dollars to non-residents in the city state in an effort to further liberalise its policy on non-internationalisation of the Singapore dollar and…

Indonesia c.bank sees firmer rupiah early in 2001

Indonesia's central bank on Thursday said it was confident the rupiah would strengthen to 8,000-8,500 against the dollar by early next year, but added the bank would continue to prop up the currency if necessary.

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