Jakarta (ANTARA) - Finance Minister Purbaya Yudhi Sadewa said he believes the weakening rupiah exchange rate does not reflect Indonesia's deteriorating economic fundamentals ...Rupiah slips past Rp17,200 per dollar as minister urges caution.
However, analysts noted that the rupiah is taking a heavier hit than its peers, weighed down by ‘domestic vulnerabilities’ such as mounting fiscal concerns over rising fuel subsidy costs.
He made the statement after the rupiah’s exchange rate weakened by 108 points, or 0.63 percent, to Rp17,289 per US dollar on Thursday morning, slipping from its previous close of Rp17,181.
For instance, BI has maintained a relatively high policy rate compared to regional peers, attracting capital inflows that support the rupiah ... While many peers experienced sharp depreciations, the rupiah’s movements remained more contained.
The rupiah’s performance, therefore, is not an accident but a result of deliberate policy and sound fundamentals. Analyzing the Valuation Metrics for the Rupiah...Bank Indonesia’s policy stance is a cornerstone of rupiah stability.
JAKARTA, Indonesia – Bank Indonesia maintained its benchmark interest rate at 6.00% during its March 2025 policy meeting, implementing a strategic pause to defend the Indonesian rupiah (IDR) against mounting global financial pressures.
Keeping the rupiah from spiraling downward has become BI’s primary focus as of last month ... Readings from Investing.com show the rupiah’s exchange rate to the US dollar has ...
JAKARTA, March 2025 – The USD/IDR exchange rate currently reflects compelling fundamental valuations that support Indonesian rupiah stability through 2025, according to comprehensive analysis from Mitsubishi UFJ Financial Group (MUFG).
The IndonesianRupiah has plunged to an unprecedented record low against the US Dollar, with the USD/IDR pair approaching the critical 17,200 level ... Consequently, emerging market currencies like the Rupiah face intense selling pressure.
he National Nutrition Agency (BGN) is facing renewed scrutiny after its procurement reports revealed billions of rupiah allocated for the hiring of planners for various campaigns, from training for ...