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View all search resultsThe dollar was smarting on Tuesday following its sharpest one-day fall since May, though traders were wary of chasing the mood-driven move lower ahead of a Federal Reserve symposium that could map out an end to stimulus and asset purchases.
The dollar rose, oil fell and stock markets were poised to slip on Monday as rising US-China tensions over the coronavirus - and growing unease at the gulf between asset prices and grim economic reality - turned investors cautious.
Bank Indonesia (BI) announced Monday five measures to stabilize the rupiah as foreign investors sold off Indonesian financial assets from stocks to bonds and after Indonesia officially reported its first coronavirus cases.
Bank Indonesia has pumped Rp 87 trillion (US$6.2 billion) into the domestic bond and forex markets so far this month as big sell-offs sent stock markets around the world into a tailspin amid fears over the global spread of the coronavirus.
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