Jakarta, VIVA \u2013 The Deputy Chairman of Commission XI of the\nIndonesian House of Representatives (DPR RI), Mohamad Hekal, has\naddressed the condition of the rupiah exchange rate, which has breached\nthe psychological threshold of Rp18,000 per US dollar. He stated that no\nspecific deadline has been set for Bank Indonesia (BI) to bring the\nrupiah exchange rate to a particular level. According to him, the\nprimary focus at present is to maintain the stability of the rupiah\u2019s\nmovement through the synergy of fiscal and monetary policies.<\/p>\n
This was conveyed by Hekal to journalists following a press\nconference at the Nusantara III Building, DPR RI, Senayan, Jakarta, on\nSaturday (6\/6\/2026). The meeting was attended by the Deputy Chairman of\nthe DPR RI for Politics and Security, Sufmi Dasco Ahmad, State Secretary\nPrasetyo Hadi, Finance Minister Purbaya Yudhi Sadewa, and the Governor\nof Bank Indonesia, Perry Warjiyo.<\/p>\n
Responding to the Governor of BI\u2019s forecast regarding the potential\nstrengthening of the rupiah between July and August 2026, Hekal noted\nthat such projections should not be understood as targets that must be\nachieved within a specific timeframe. \u201cI believe there is no such\nspecific deadline. That is more of a political push. What we want to see\nis stability in the movement of the rupiah exchange rate,\u201d said\nHema.<\/p>\n
According to Hekal, the weakening of the rupiah to the level of\nRp18,000 per US dollar is more heavily triggered by market sentiment\nrather than Indonesia\u2019s fundamental economic conditions. He assessed\nthat several indicators actually show an improving trend in the national\neconomy. \u201cThe Rp18,000 figure is considered a psychological number by\nmany parties. However, in our view, this is more driven by sentiment.\nThe evidence is that after the announcement of the first-quarter State\nBudget (APBN), the economic condition from month to month has actually\nbeen improving,\u201d explained the Gerindra Party politician.<\/p>\n
He stated that as long as the national economic foundation remains\nstrong, the main challenges arise more from external factors. Therefore,\nsolid coordination between fiscal and monetary authorities is a crucial\nfactor in maintaining market confidence and increasing the\nattractiveness of the rupiah. \u201cWe hope that our two financial sector\ncontrollers, namely the fiscal and monetary sectors, can achieve even\nbetter coordination. Today, we want to hear from both regarding whether\nthere are any unsynchronised elements and how policy synchronisation can\nbe maintained within their respective corridors moving forward,\u201d he\nsaid.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/dpr-claims-rupiah-reaching-rp18-000-driven-by-sentiment-rather-than-economic-conditions-1780800987", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }