{
    "success": true,
    "data": {
        "id": 1662475,
        "msgid": "bank-indonesia-optimizes-monetary-instruments-following-rupiahs-depreciation-1775591495",
        "date": "2026-04-07 19:55:05",
        "title": "Bank Indonesia optimizes monetary instruments following rupiah's depreciation",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Finance",
        "summary": "Bank Indonesia (BI) is enhancing its monetary operations, including interventions in spot and forward markets, to stabilize the rupiah amid global uncertainties from the Middle East conflict, which has led to a depreciation to Rp17,105 per US dollar. BI Governor Perry Warjiyo emphasized optimizing intervention instruments, maintaining foreign exchange reserves at US$151.9 billion\u2014sufficient for over six months of imports\u2014and strengthening the balance of payments, supported by a US$1.27 billion trade surplus in February 2026. These measures aim to mitigate exchange rate pressures while leveraging Indonesia's export position to offset rising commodity costs.",
        "content": "<p>Jakarta (ANTARA) - Bank Indonesia (BI) is optimizing its monetary\ninstruments, specifically by strengthening pro-market monetary\noperations, to stabilize the rupiah amid global uncertainty caused by\nthe ongoing Middle East conflict.<\/p>\n<p>\u201cAmidst very high global uncertainty, stability is currently a\npriority for Bank Indonesia,\u201d BI senior deputy governor Destry Damayanti\nsaid in her statement on Tuesday.<\/p>\n<p>She explained that BI consistently and measurably operates in the\nmoney market, including the spot market, domestic non-deliverable\nforwards (DNDF) in the domestic market as well as non-deliverable\nforwards (NDF) in the offshore market.<\/p>\n<p>She also emphasized that the impact of the Middle East conflict is\ntwo-way: rising commodity prices and Indonesia\u2019s position as an\nexporting nation can have a positive effect on the economy, thereby\noffsetting the pressure on the exchange rate caused by this\nescalation.<\/p>\n<p>The rupiah exchange rate at the close of trading on Tuesday weakened\n70 points, or 0.41 percent, to Rp17,105 per US<span\nclass=\"math inline\">,\u2006<em>f<\/em><em>r<\/em><em>o<\/em><em>m<\/em><em>t<\/em><em>h<\/em><em>e<\/em><em>p<\/em><em>r<\/em><em>e<\/em><em>v<\/em><em>i<\/em><em>o<\/em><em>u<\/em><em>s<\/em><em>c<\/em><em>l<\/em><em>o<\/em><em>s<\/em><em>e<\/em><em>o<\/em><em>f<\/em><em>R<\/em><em>p<\/em>16,\u2006980<em>p<\/em><em>e<\/em><em>r<\/em><em>U<\/em><em>S<\/em><\/span>.<\/p>\n<p>Meanwhile, BI\u2019s Jakarta Interbank Spot Dollar Rate (JISDOR) also\nweakened to Rp17,092 per US<span\nclass=\"math inline\">,\u2006<em>f<\/em><em>r<\/em><em>o<\/em><em>m<\/em><em>R<\/em><em>p<\/em>17,\u2006037<em>p<\/em><em>e<\/em><em>r<\/em><em>U<\/em><em>S<\/em><\/span>.<\/p>\n<p>In the face of global uncertainty, BI has stated that it would\ncalibrate its rupiah intervention instruments by adjusting its response\nto three scenarios of the war\u2019s impact: moderate, medium, and high\nglobal oil prices.<\/p>\n<p>These efforts were also strengthened by maintaining foreign exchange\nreserves and responding to interest rate policy.<\/p>\n<p>\u201cWe continue to optimize our monetary policy with three intervention\ninstruments, ensuring sufficient foreign exchange reserves, reinforced\nby interest rate policy,\u201d BI Governor Perry Warjiyo said earlier in\nMarch.<\/p>\n<p>The central bank believes that Indonesia\u2019s balance of payments (BOP)\nperformance needs to be continuously strengthened to mitigate the impact\nof the Middle East war.<\/p>\n<p>Various efforts to strengthen the balance of payments performance are\nalso expected to support the stability of the rupiah exchange rate.<\/p>\n<p>According to the latest data, Indonesia\u2019s trade balance recorded a\nsurplus of US$1.27 billion in February 2026, an increase compared to the\nUS$0.95 billion surplus in January 2026.<\/p>\n<p>Meanwhile, Indonesia\u2019s foreign exchange reserves remained stable at\nUS$151.9 billion at the end of February 2026.<\/p>\n<p>This amount is equivalent to financing 6.1 months of imports or 5.9\nmonths of imports and servicing government external debt, and is above\ninternational adequacy standards.<\/p>\n<p>Related news: Indonesia\u2019s BI bolsters defenses amid Middle East\nconflict<\/p>\n<p>Related news: BI drops rate-cut signal as Rupiah pressures mount<\/p>\n<p>Related news: Finance Minister confident rupiah to strengthen within\ntwo weeks<\/p>\n<p>BI optimizes monetary instruments following rupiah\u2019s depreciation<\/p>\n<p>April 7, 2026 19:43 GMT+700<\/p>\n<p>Senior Deputy Governor of Bank Indonesia (BI) Destry Damayanti.\n(ANTARA\/Rizka Khaerunnisa)<\/p>\n<p>Translator: Rizka Khaerunnisa, Yashinta Difa<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bank-indonesia-optimizes-monetary-instruments-following-rupiahs-depreciation-1775591495",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}