The central bank said it would intensify intervention to stabilize the rupiah and ensure orderly markets while maintaining attractive yields on monetary instruments to support capital inflows.

A break beyond 18,000 per UD dollar could accelerate foreign outflows from local stocks and bonds. Read more at straitstimes.com. Read more at straitstimes.com.

Against the Singapore dollar, the rupiah also dropped to a new low, trading at 14,047.71. Read more at straitstimes.com. Read more at straitstimes.com.