By Stefanno Sulaiman

JAKARTA (Reuters) -Indonesia’s financial and economic regulators on Monday said economic fundamentals were strong after widespread political protests sparked selling of stocks and the currency.

The main stock index fell more than 3% in opening trades before regaining some of the losses. The rupiah, which fell 0.9% against the dollar on Friday as the protests escalated, firmed slightly on Monday morning after the central bank vowed to defend the currency.

Chief economic minister Airlangga Hartarto said the economy was fundamentally solid and would get a boost from a planned incentive package, promising to “minimise the impact” on the economy of the protests, in which at least eight people have died.

“We hope for a peaceful and respectful situation that will support

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