Abdul Manap Pulungan
Abdul Manap Pulungan is a researcher at the Center of Macroeconomics and Finance (Indef), focusing on the financial implications of economic conditions in Indonesia. He has conducted studies on the impacts of currency depreciation on the banking sector, emphasizing the challenges faced by banks in managing foreign-denominated debts amid fluctuating exchange rates.
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Indonesia:
Abdul Manap Pulungan explained that the Fed's decision to maintain its benchmark interest rate will have a temporary impact on Indonesia's financial stability.
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Indonesia:
Abdul Manap Pulungan added that the depreciation of the rupiah will burden banks in paying foreign debt.
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