{
    "success": true,
    "data": {
        "id": 1810645,
        "msgid": "foreign-inflows-into-srbi-help-stabilize-rupiah-bi-governor-1781792407",
        "date": "2026-06-18 20:27:28",
        "title": "Foreign inflows into SRBI help stabilize rupiah: BI Governor",
        "author": "",
        "source": "ANTARA_EN",
        "tags": "",
        "topic": "Economy",
        "summary": "Bank Indonesia Governor Perry Warjiyo reported that non-resident holdings of SRBI reached Rp238.1 trillion, or 23.3% of the total, by mid-June 2026, aiding rupiah stability. The central bank has raised SRBI yields, intensified forex interventions, and offered hedging incentives to attract foreign capital and shield the currency from global uncertainty. These measures, alongside positive economic prospects, have helped the rupiah strengthen to Rp17,730 per US dollar.",
        "content": "<p>\u201cAs of June 15, 2026, outstanding SRBI holdings reached Rp1,021.1\ntrillion, with non-resident ownership increasing to Rp238.1 trillion, or\n23.3 percent of the total, supporting the stabilization of the rupiah\nexchange rate,\u201d Warjiyo said in Jakarta on Thursday.<\/p>\n<p>He noted that the rupiah closed at Rp17,730 per US dollar on\nWednesday (June 17), strengthening by 0.76 percent compared with its\nlevel at the end of May 2026.<\/p>\n<p>He attributed the two favorable trends to the central bank\u2019s\nresponsive stabilization policies designed to shield the currency from\nincreasingly alarming global uncertainty and rising corporate foreign\nexchange demand at home.<\/p>\n<p>The BI governor highlighted that the policies include attracting\nforeign portfolio investments to empower the rupiah by raising SRBI\ninterest rates for tenors of six, nine, and twelve months.<\/p>\n<p>According to SRBI auction results on June 17, the weighted average\naccepted rate stood at 7.12 percent for the six-month tenor, 7.33\npercent for the nine-month tenor, and 7.59 percent for the 12month\ntenor.<\/p>\n<p>He added that the central bank had also intensified intervention\nthrough foreign exchange transactions in offshore and domestic\nnon-deliverable forward markets, as well as in the spot market.<\/p>\n<p>Moreover, he noted that his team had decided to provide 10 percent\nincentives for hedging swaps to foreign investors to maintain their\nconfidence and compensate for the obligations they have been\nbearing.<\/p>\n<p>Warjiyo further underscored efforts to expand foreign exchange\nmonetary instruments through spot and swap transactions involving the\nChinese yuan (CNH) and the rupiah, building on the growing use of local\ncurrencies in international trade and investment.<\/p>\n<p>\u201cBank Indonesia is confident that the rupiah will see its exchange\nrate stabilize and even strengthen, supported by our commitment,\nattractive yields, and Indonesia\u2019s positive economic growth prospects,\u201d\nhe concluded.<\/p>\n<p>Related news: BI sees stable growth despite 100-basis-point rate\nhike<\/p>\n<p>Related news: BI hikes rate by 25 bps to stabilize rupiah amid global\ntensions<\/p>\n<p>Translator: Uyu Liman, Tegar Nurfitra<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/foreign-inflows-into-srbi-help-stabilize-rupiah-bi-governor-1781792407",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}