Jusuf Habibie, Indonesia’s new vice president, said March 19 that his country is mulling a currency basket for its battered rupiah, according to officials of the Japan Federation of Economic Organizations (Keidanren).

Habibie told Keidanren executives that the Indonesian government wants to to consider anything that could stabilize the rupiah. Under a basket system, a government determines its currency’s value as compared to a “basket” of other currencies and allows it to trade only in a narrow range.

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