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It is believed that the increase in the Fed s benchmark interest rate this time will only trigger momentary turmoil in financial markets, but not to trigger a deeper weakening of the rupiah exchange rate. BI prepares anticipatory steps.

Jakarta rayaPerry warjiyoEl ninoMohammad faisalBank indonesiaFederal reserveBank indonesia governor perry warjiyoInstitute for development of economicsIndonesian shariah bankMarket committeeIndonesia stock exchangeBank indonesia governor board meetingFund rateCentral bankFed fund rateFederal open market committee