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OJK Asks Financial Institutions to Strengthen Capital and Loss Reserves

Market Headlines editor M.Ilham Chatamy
04/11/2022 09:05 WIB
This was done to mitigate the risk of a weakening rupiah as a result of the increase in demand for credit in foreign currencies, especially the us dollar.
OJK Asks Financial Institutions to Strengthen Capital and Loss Reserves. (Sumber : IDXChannel)

IDXChannel- This was done to mitigate the risk of a weakening rupiah as a result of the increase in demand for credit in foreign currencies, especially the us dollar. OJK is aware of the withdrawal of foreign exchange, especially us dollars in large quantities recently at financial service institutions such as banks and others. 

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