{
    "success": true,
    "data": {
        "id": 1661705,
        "msgid": "bi-responds-to-rupiah-weakness-optimises-monetary-instruments-amid-global-crisis-1775602290",
        "date": "2026-04-07 17:46:32",
        "title": "BI Responds to Rupiah Weakness, Optimises Monetary Instruments Amid Global Crisis",
        "author": "Friska Yolandha",
        "source": "REPUBLIKA",
        "tags": "",
        "topic": "Finance",
        "summary": "Bank Indonesia (BI) has prioritised currency stability in response to the rupiah's depreciation to Rp17,100 per US dollar, attributing the decline to heightened global uncertainties from escalating conflicts in the Middle East. BI's Senior Deputy Governor Destry Damayanti stated that the central bank will optimise all monetary operations and policies to maintain exchange rate stability, while actively participating in spot, domestic non-deliverable forwards (DNDF), and offshore non-deliverable forwards (NDF) markets. Analysts note that while the conflict poses risks through potential supply disruptions like the Strait of Hormuz closure, Indonesia's position as an exporter could benefit from rising commodity prices, potentially offsetting pressures on the rupiah.",
        "content": "<p>Bank Indonesia (BI) responded to the rupiah\u2019s weakening towards\nRp17,100 per US dollar on Tuesday (7\/4\/2026). The central bank stated\nthat the correction in the Garuda currency occurred alongside high\nglobal uncertainties due to the escalation of war in the Middle\nEast.<\/p>\n<p>\u201cIn the midst of very high global uncertainty, stability is currently\nthe top priority for Bank Indonesia (BI). Therefore, BI will optimise\nthe use of all monetary operation (OM) instruments it possesses and also\nOM policies to maintain exchange rate stability,\u201d said BI Senior Deputy\nGovernor Destry Damayanti in her statement on Tuesday (7\/4\/2026).<\/p>\n<p>Destry assured that BI will consistently and measurably remain in the\nmoney market, both in the spot market, DNDF, and NDF in the offshore\nmarket. Thus, rupiah stability can be maintained.<\/p>\n<p>\u201cThe impact of the Middle East conflict is two-way, where rising\ncommodity prices and Indonesia\u2019s position as an exporting country can\nprovide a positive effect on our economy, thus offsetting the pressure\non the exchange rate due to that escalation,\u201d she explained.<\/p>\n<p>It is known that, citing Bloomberg, the rupiah weakened by 70 points\nor 0.41 percent to the level of Rp17,105 per US dollar at the close of\ntrading on Tuesday (7\/4\/2026). In the previous trading, the rupiah was\nat Rp17,035 per US dollar.<\/p>\n<p>Currency and Commodity Analyst Ibrahim Assuaibi said that the ongoing\nwar in the Middle East is an external sentiment for the rupiah\u2019s\nweakening. Especially the impact from the closure of the Strait of\nHormuz.<\/p>\n<p>\u201cInvestors are preparing for potential escalation in the Middle East\nahead of the deadline set by US President Donald Trump for Iran to\nreopen the Strait of Hormuz. Disruptions in tanker traffic in recent\nweeks have tightened supply expectations and increased risk premiums\nacross oil markets,\u201d said Ibrahim in his statement on Tuesday\n(7\/4\/2026).<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bi-responds-to-rupiah-weakness-optimises-monetary-instruments-amid-global-crisis-1775602290",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}