Rupiah volatility drives Indonesia derivatives uptake

The flight of capital from Asia since May has put the Indonesian rupiah under severe pressure but one unexpected beneficiary could be the onshore forex derivative market

indonesia-money

Extreme fluctuations in Indonesia's foreign exchange rates over the past year have put a renewed focus on the central bank's currency management. Bank Indonesia has undertaken a series of measures since the start of 2013 aimed at curbing volatility, including encouraging corporates and state-owned enterprises (SOEs) to hedge their foreign currency exposures via the use of derivatives and setting up a formal onshore rupiah benchmark fixing mechanism.

The Indonesian rupiah, along with India's

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here