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2026-04-09 11:30:07
[Central Bank of Indonesia: Stabilizing the Indonesian Rupiah is the Top Priority, Pledges to Strengthen Market Intervention] (1) Central Bank Indonesia stated that, against the backdrop of heightened global uncertainty, stabilizing the Indonesian rupiah exchange rate will be a priority, and it pledged to optimize the use of monetary tools to address the exchange rate pressures resulting from the recent weakening of the rupiah. (2) Senior Deputy Governor Destri Damayanti stated that the central bank will continue to conduct sustained and prudent intervention in the spot market and domestic and international non-deliverable forward markets, and that exchange rate stability is the top priority. The US dollar traded at 17,065 against the Indonesian rupiah in early trading on Thursday, close to the record high of 17,105 set on April 7. (3) She pointed out that the impact of the Middle East conflict is two-sided: rising commodity prices may benefit Indonesia as an exporting country, which could help offset some of the exchange rate pressures.
