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%.

JAKARTA, May 22 (Reuters) - Indonesia's finance minister told foreign exchange traders to dump their dollars on Friday, news outlet CNBC Indonesia reported, with the rupiah exchange rate set to ...

A falling currency and rising risk of higher inflation could prompt India's central bank to hike interest rates.

Indonesia stocks and rupiah plunge as investors flee, fearing Prabowo policies, MSCI downgrade risk and questions over fiscal ...