REPUBLIKA.CO.ID, JAKARTA -- Finance Minister Sri Mulyani Indrawati said the monitoring of global conditions will continue to be carried out. It will be done to keep the rupiah from moving against the US dollar, which is vulnerable to external pressure.
"We must be aware of the global conditions and dynamics that exist and how to maintain our economy, so that it can be absorbed," Sri Mulyani stated in Jakarta on Tuesday.
She ensured that the movement of the rupiah, which tended to weaken, was still influenced by the situation of global uncertainty due to the normalization of the Fed's monetary policy. However, she ensured that the government would continue to reform economic fundamentals by reducing the current account deficit (CAD) for stabilizing the rupiah.
The reform process, she added, could increase market players' confidence in the resilience of the national economy to external turmoil.