The rupiah’s current level supports exports and helps narrow Indonesia’s current-account deficit, Finance Minister Bambang Brodjonegoro said, signaling the government is comfortable with the currency’s 3 percent drop since October.
“12,500 is already a good rate to maintain our competitiveness,” Brodjonegoro, 48, said in an interview with Bloomberg Television’s Haslinda Amin in Jakarta on Tuesday, Jan. 27. That level will also help shrink the current-account deficit, he said.
