Indonesia’s central bank, Bank Indonesia, stepped into foreign‑exchange markets after the rupiah fell to a three‑day low against the dollar. Senior Deputy Governor Destry Damayanti said the bank would use all available policy tools to preserve exchange‑rate stability.

The intervention follows a sharp slide that hit the currency’s lowest levels in years. By actively buying and selling rupiah in the spot, domestic non‑deliverable forward, and offshore NDF markets, the bank aims to curb volatility that could spill into inflation and investor sentiment.

For investors, the move signals that Bank Indonesia will keep a tight grip on monetary conditions. Markets will watch for further actions that could tighten liquidity or alter the central bank’s stance on interest rates, directly impacting borrowing costs and corporate earnings in Indonesia.