Jakarta Post

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Jakarta Post
The Jakarta Post
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DKI Jakarta, Indonesia
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Liquidity clog may ease in 6 months: BI

  • Rendi A. Witular

    The Jakarta Post

JAKARTA | Fri, February 6 2009 | 03:52 pm

PREMIUM Bank Indonesia Governor Boediono sees a relief in the global liquidity squeeze within the next six months as terrified investors will eventually resurface after seeking shelter in safe-haven instruments. Indonesia is seeking a larger chunk of a currency swap agreement with Japan, more than US$6 billion, to help ward off the rupiah’s decline and strengthen the already diminishing foreign c...