"The Indonesian economy will improve following the balance of trade, the current account of the balance of payments, as well as control of inflation in the fourth quarter of 2013," stated Agus DW Martowardojo at Bank of Indonesia building, Jakarta on Friday.
Agus pointed out that the repair of rupiah exchange to US dollar will also take into account the conditions of the global economy, especially the United States and China.
"The US will reduce the range of monetary stimulus. We should be aware of that condition also," he pointed out.
According to Agus, the central bank will continue to focus on the depth of transactions in the market.
"The depth of transactions in the market need to improve because at some point we will see the demand of foreign exchange going high; it should be supported by a good supply," he explained.
Agus added that the strengthening of the rupiah will also influenced by the results of the 2014 election.
"If a good candidate that comes into power is accepted by the market, then it can lead to transformation of the economy through continuous structural reform efforts in Indonesia. With this, the market will respond favorably," he explained.
(D018/H-YH)
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Editor: Suryanto
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