Indonesian Finance Minister Defends Economic Record as Rupiah and Stocks Decline

Indonesian Finance Minister Purbaya Yudhi Sadewa defended the country's economic performance while the rupiah and local stocks declined. The minister said Indonesia's economic track record remains strong. He addressed the market moves directly in his comments.

Market data showed the rupiah weakening and share prices falling on the day of the remarks. No specific policy changes were announced in the statement. Officials have not released additional measures in response to the currency and equity movements.