{
    "success": true,
    "data": {
        "id": 1735512,
        "msgid": "bi-confident-rupiah-exchange-rate-will-soon-return-to-fundamental-levels-1778630520",
        "date": "2026-05-13 06:12:00",
        "title": "BI Confident Rupiah Exchange Rate Will Soon Return to Fundamental Levels",
        "author": "Erlangga Djumena",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Finance",
        "summary": "Bank Indonesia's Senior Deputy Governor Destry Damayanti expressed confidence that the rupiah will soon revert to its fundamental levels amid seasonal pressures, supported by inflows of foreign capital into government securities and adequate foreign exchange liquidity. Economic growth and a 10.9 per cent year-to-date increase in third-party funds as of March 2026 are expected to accelerate this strengthening, with BI committing to active market interventions using monetary tools. Finance Ministry official Purbaya Yudha indicated that the government will assist through the Bond Stabilization Fund to attract foreign investment and stabilise bond yields, utilising surplus budget funds.",
        "content": "<p>Senior Deputy Governor of Bank Indonesia (BI), Destry Damayanti, is\nconfident that the rupiah exchange rate will return to its fundamental\nlevels.<\/p>\n<p>\u201cBI predicts that this seasonal pressure will ease, allowing the\nrupiah exchange rate to return to its fundamental levels,\u201d she\nexplained, as quoted from Kompas.com on Tuesday (12\/5\/2026).<\/p>\n<p>This is based on inflows of foreign capital into the domestic market,\nparticularly in the State Securities (SBN) market and Bank Indonesia\nRupiah Securities (SRBI).<\/p>\n<p>Domestic foreign exchange liquidity is also adequate. Furthermore,\nthird-party fund growth (DPK) reached 10.9 per cent year to date as of\nMarch 2026.<\/p>\n<p>Continuous economic growth is believed to accelerate the rupiah\u2019s\nstrengthening.<\/p>\n<p>\u201cBI will continue to commit to being present in the market and\noptimising the use of all monetary operational instruments in order to\nreduce pressure on the rupiah,\u201d she said.<\/p>\n<p>It is known that at today\u2019s close, the rupiah was at Rp 17,529 per US\ndollar.<\/p>\n<p>\u201cWe leave it to the experts, the central bank. I think they will be\nable to control (the rupiah) well,\u201d explained Purbaya, as quoted from\nKontan on Tuesday (12\/5\/2026).<\/p>\n<p>However, Purbaya and the Ministry of Finance (Kemenkeu) are not\nstanding idle.<\/p>\n<p>The hope is that the BSF will attract foreign funds into\nIndonesia.<\/p>\n<p>\u201cWe will start helping tomorrow, perhaps by entering the bond market,\nusing the Bond Stabilization Fund (BSF),\u201d he explained.<\/p>\n<p>\u201cWe will try to help the exchange rate, helping BI a little bit if\npossible. We still have a lot of idle money (Remaining Budget\nSurplus\/SAL), we will intervene in the bond market so that yields do not\nrise too high,\u201d stated Purbaya.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bi-confident-rupiah-exchange-rate-will-soon-return-to-fundamental-levels-1778630520",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}