Not exact matches
BI Governor Agus Martowardojo said on Tuesday the central bank had been intervening with «quite a sizeable amount» to defend the
rupiah and will
continue to stabilise the currency.
For now, market participants expect the
rupiah to
continue to face pressure though they don't anticipate the kinds of precipitous declines seen in past years.
Continuing in an anticlockwise direction around the coast, the next cove, Kuanji Bay, offers some adventurous fun with a (short) zipline over the abyss at the Driftwood bar, part of Ceningan Island Resort (85,000
rupiah).
This beach can be accessed via Villa Trevally for a fee of 30,000
rupiah, or for free by
continuing along the road a little and climbing down the cliffside track.
This step is being orchestrated by the central bank, which fears that allowing cryptocurrency usage to
continue unfettered will threaten the sovereignty of the
rupiah, Indonesia's national currency.