Indonesia prepares Bond Stabilization Fund amid rupiah depreciation
Markets
Doubts remain in the market whether new framework can stymie capital outflows
Indonesia hopes to stymie capital outflows by activation of its Bond Stabilization Fund. (Photo by Akira Kodaka)
ISMI DAMAYANTI and REZHA HADYAN
Indonesia will activate a Bond Stabilization Fund next week to support the rupiah, Finance Minister Purbaya Yudhi Sadewa said during a quarterly briefing with the Financial System Stability Committee (KSSK) on Thursday.
