JAKARTA: Indonesia's central bank governor said on Monday he expected the average exchange rate of the rupiah this year to be 10,000-10,300 to the dollar and 10,500-10,700 in 2014.
"The global economy has not yet recovered, thus it is difficult to have (the rupiah) at an assumption level of 9,600. Bank Indonesia sees average rupiah in 2013 would be at 10,000 to 10,300," Governor Agus Martowardojo told a parliament hearing.
Indonesia's rupiah, the worst performer among Asia's emerging currencies, has fallen nearly 16 percent this year due to rising concerns over the country's current account deficit and soaring inflation.
At 0910 GMT, the rupiah was trading at 11,360 to the dollar.
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