Indonesia’s coordinating minister for economic affairs on Tuesday called the rupiah’s depreciation since Friday “illogical” and said it did not reflect the state of the economy, Channel News Asia reports. To protect the rupiah, Indonesia’s central bank plans to soon introduce overnight index swaps and interest-rate swaps to widen its pool of hedging tools for investors, exporters and banks. The central bank will also start offering a one-month tenor foreign-exchange swap hedging facility. Meanwhile, government authorities have reviewed 900 products — from luxury items to basic goods like coffee, tea, pasta and ice cream — some of which will soon carry higher import taxes. A final list will be published as early as Wednesday, according to Bloomberg.