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**## What Happened
The Indonesian Rupiah has weakened for three straight trading sessions, triggering a formal market intervention by Bank Indonesia (B**
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Chat with Bali Zero on WhatsAppThe Indonesian Rupiah has weakened for three straight trading sessions, triggering a formal market intervention by Bank Indonesia (BI). According to reporting from Tempo and Kompas, BI entered the spot market, the domestic non-deliverable forward (DNDF) market, and the secondary bond market to shore up the currency and prevent a disorderly sell-off.
The immediate trigger is external: escalating conflict involving Iran has rattled global financial markets, and emerging market (
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