Jakarta, CNBC Indonesia - The rupiah exchange rate opened stronger\nagainst the US dollar on Wednesday (6\/5\/2026) trading.<\/p>\n
According to Refinitiv data, the Garuda currency began trading in the\ngreen zone with an appreciation of 0.34% to Rp17,350 per US Meanwhile, the US dollar index or DXY, which measures the greenback\u2019s\nstrength against six major world currencies, was observed weakening. As\nof 09:00 WIB, DXY fell 0.21% to 98.234.<\/p>\n Bank Indonesia (BI) and the government have reaffirmed their\ncommitment to maintaining rupiah exchange rate stability.<\/p>\n BI Governor Perry Warjiyo stated that there are seven steps prepared\nby BI to strengthen the rupiah, which have been reported to President\nPrabowo Subianto at the State Palace on Tuesday evening (5\/5\/2026).<\/p>\n These seven steps include restrictions on US dollar purchases without\nunderlying transactions, interventions in the foreign exchange market\nboth spot and domestic DNDF, as well as strengthening NDF interventions\nin overseas markets.<\/p>\n BI will also enhance the attractiveness of Bank Indonesia Rupiah\nSecurities (SRBI), continue purchasing Government Securities (SBN) in\nthe secondary market, maintain adequate banking and market liquidity,\nand increase supervision of banks and corporations with high US dollar\npurchase activities.<\/p>\n Regarding plans to tighten US dollar purchases in the domestic market\nwithout underlying, Perry explained that BI had previously lowered the\nlimit for dollar purchases without underlying from US$100,000 to\nUS$50,000 per person per month.<\/p>\n Going forward, that limit will be further reduced to US$25,000. This\nmeans that US dollar purchases up to or above US$25,000 must have an\nunderlying or clear transaction basis.<\/p>\n \u201cPurchases of dollars up to or above 25,000 must use underlying, yes.\nThat is what we will strengthen,\u201d said Perry.<\/p>\n In addition, BI will continue to conduct interventions in the spot\nmarket, domestic DNDF, and overseas NDF, including in Hong Kong,\nSingapore, London, and New York. Perry emphasised that BI\u2019s foreign\nexchange reserves are still more than sufficient to maintain rupiah\nstability.<\/p>\n BI will also strengthen the attractiveness of SRBI to attract foreign\ninflows to offset outflows from the SBN and stock markets.<\/p>\n Coordination with the Ministry of Finance is being strengthened\nthrough the purchase of SBN in the secondary market. Perry noted that BI\nhas purchased SBN amounting to Rp123.1 trillion year to date.<\/p>\n From the government\u2019s side, the implementation of new rules for\nNatural Resource Export Proceeds (DHE SDA) starting 1 June 2026.<\/p>\n Coordinating Minister for the Economy Airlangga Hartarto assured that\nDHE SDA must be deposited in red-plate banks or Himbara for a minimum of\n12 months, with a maximum conversion to rupiah of 50% of the total DHE\nSDA for exporters.<\/p>\n For the extractive sector, oil, and gas, the government provides an\nexception for the placement duration to three months.<\/p>\n The government is also preparing domestic foreign currency SBN\ninstruments to accommodate excess foreign exchange from DHE SDA. This\nstep is expected to strengthen the domestic foreign exchange supply\nwhile deepening the domestic financial market.<\/p>",
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