In a statement, the central bank said this was also a "pre-emptive measure" to maintain inflation within the government's target range of 1.5% to 3.5%.

Following last week’s sell-off, the rupiah fell 0.7 per cent to a new low against the US dollar in early trading on June 8. Read more at straitstimes.com. Read more at…

The rupiah has weakened about 8 per cent to become the worst-performing currency in Asia in 2026. Read more at straitstimes.com. Read more at straitstimes.com.