{
    "success": true,
    "data": {
        "id": 1749725,
        "msgid": "purbaya-prices-remain-under-control-despite-dollar-staying-at-rp17-600-1779546120",
        "date": "2026-05-19 18:35:19",
        "title": "Purbaya: Prices Remain Under Control Despite Dollar Staying at Rp17,600",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Economy",
        "summary": "Indonesia's Finance Minister Purbaya Yudhi Sadewa says the rupiah's rate around Rp17,600 per US$ will not push up domestic prices, pointing to low inflation and robust Q1 2026 growth of 5.61% year-on-year. Inflation is expected to stay near the government's 2.4% target through April, supported by subsidised fuel and a government budget capable of absorbing external pressures amid volatile oil prices; the rupiah closed around Rp17,695 per US$ on 19 May 2026.",
        "content": "<p>Jakarta, CNBC Indonesia - Finance Minister Purbaya Yudhi Sadewa has\nassured that the pressure of the rupiah\u2019s exchange rate against the\nUnited States dollar, which continues to hover around Rp17,600 per US$,\nwill not affect domestic prices. He attributed this to Indonesia\u2019s\ngenerally low inflation, even as the economy grew rapidly in the first\nquarter of 2026. When the economy expanded by 5.61% year-on-year in Q1\n2026, inflation through April 2026 remained within the government\u2019s\ntarget range, at about 2.42% year-on-year. \u2018So going forward, inflation\nwill remain safeguarded,\u2019 Purbaya said at a press conference on the APBN\nPerformance and Facts at his Jakarta office on Tuesday, 19 May 2026. He\nnoted that this performance would be supported by government policies\nthat remain consistent in maintaining subsidised fuel prices until the\nend of the year, despite the pressures from currency movements and\nvolatility in world oil prices. According to Purbaya, the government has\nsufficient budget capacity to cushion these pressures because the\nassumptions for the exchange rate and world oil prices have been\nadjusted to the latest developments. For information, the rupiah closed\nweaker against the US dollar on Tuesday (19 May 2026). Refinitiv data\nshow the rupiah ended down 0.31% at Rp17,695\/USD. While slightly distant\nfrom the Rp17,700\/USD area, this level remains an all-time closing low\nfor the rupiah. The rupiah\u2019s weakness had been evident since the opening\nthis morning, opening down 0.06% at Rp17,650\/USD, before the pressure\ndeepened intraday and the rupiah briefly breached the psychological\nlevel of Rp17,730\/USD. Separately, the US dollar index (DXY), which\nmeasures the greenback against six major currencies, was seen as steady;\nas of 15:00 WIB, DXY stood at 99.172.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/purbaya-prices-remain-under-control-despite-dollar-staying-at-rp17-600-1779546120",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}