{
    "success": true,
    "data": {
        "id": 1749685,
        "msgid": "rupiah-breaches-rp17-700-per-us-dollar-as-airlangga-cites-high-dollar-demand-1779546130",
        "date": "2026-05-19 19:21:09",
        "title": "Rupiah breaches Rp17,700 per US dollar as Airlangga cites high dollar demand",
        "author": "Friska Yolandha",
        "source": "REPUBLIKA",
        "tags": "",
        "topic": "Economy",
        "summary": "The rupiah weakened to around Rp17,700 per US dollar as of Tuesday, with Coordinating Minister Airlangga Hartarto citing global factors and strong domestic dollar demand. He noted higher demand during the Hajj season and after quarterly earnings, and said rising oil prices add external pressure. The government is preparing measures to bolster foreign exchange reserves and boost export-oriented commodities, with expectations for a better second half.",
        "content": "<p>The rupiah exchange rate against the US dollar continued its\ndepreciation trend, touching the level of Rp17,706 per US dollar on\nTuesday (19 May 2026). Coordinating Minister for Economic Affairs\nAirlangga Hartarto said the rupiah weakness is influenced by global\nfactors and the high demand for dollars domestically.<\/p>\n<p>\u201cGlobal factors are also very influential,\u201d Airlangga said when met\nat the Office of the Coordinating Ministry for Economic Affairs, Tuesday\n(19 May 2026).<\/p>\n<p>According to him, dollar demand increases during the Hajj season. In\naddition, many companies are also making dividend payments after the\nquarterly financial reporting season.<\/p>\n<p>\u201cDuring this Hajj month, demand for dollars is also high. After the\nfinancial reports, dividend payments are mostly in these months,\u201d he\nsaid.<\/p>\n<p>Airlangga added that rising global oil prices are also putting\npressure on the rupiah. \u201cSo the demand is indeed high. Added to the fact\nthat oil prices are still rising, making the external factors very\nstrong,\u201d he said.<\/p>\n<p>Despite the rupiah weakening, Airlangga believes the situation could\nbenefit exporters by increasing their exchange rate advantages. Because\nexporters potentially obtain a higher rupiah value.<\/p>\n<p>\u201cIf you are export-oriented, entrepreneurs can actually achieve\nhigher competitiveness and also receive more rupiah,\u201d he said.<\/p>\n<p>The government, according to Airlangga, is preparing policies to\nstrengthen foreign exchange reserves and optimise national export\ncommodities. However, he did not detail the steps.<\/p>\n<p>\u201cThe policy will later encourage strengthening our foreign exchange\nand the optimisation of commodities that can be driven to become\nexports,\u201d he said.<\/p>\n<p>Airlangga hopes exchange rate conditions can improve in the second\nhalf of this year. \u201cHopefully the second half will be better,\u201d he\nhoped.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/rupiah-breaches-rp17-700-per-us-dollar-as-airlangga-cites-high-dollar-demand-1779546130",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}