{
    "success": true,
    "data": {
        "id": 1752239,
        "msgid": "rupiah-briefly-touches-rp-17-700-per-us-dollar-as-bi-steps-up-interventions-in-the-fx-market-1779545656",
        "date": "2026-05-20 15:40:22",
        "title": "Rupiah briefly touches Rp 17,700 per US dollar as BI steps up interventions in the FX market",
        "author": "Sakina Rakhma Diah Setiawan",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Economy",
        "summary": "Bank Indonesia says it is increasing the intensity of foreign exchange interventions to stabilise the rupiah amid worsening global volatility and rising domestic FX demand in the second quarter of 2026. With the rupiah trading around Rp 17,700 per US dollar on 19 May 2026 and down about 2.2% since end-April, authorities cite external dollar strength and domestic needs for dividends and foreign debt payments as drivers. Interventions target both offshore and domestic markets to maintain liquidity and financial stability.",
        "content": "<p>Jakarta \u2014 Governor of Bank Indonesia (BI) Perry Warjiyo said the\nauthorities continue to strengthen policy to stabilise the rupiah amid\nworsening global volatility and high domestic demand for foreign\nexchange in the second quarter of 2026. Pressure on the rupiah comes as\nthe US dollar strengthens and capital outflows from emerging markets\nrise. This condition has led to weaker currencies in many countries,\nincluding Indonesia. The rupiah on 19 May 2026 stood at Rp 17,700 per US\ndollar. The rupiah weakened by 2.20 percent on a point-to-point basis\nversus the end-April 2026 level. According to Perry, rupiah pressure is\nnot only influenced by external factors but also rising domestic FX\nneeds. In Q2 2026, FX demand rose quite high due to seasonal factors,\nespecially for dividend payments and foreign debt obligations.\nDomestically, high demand for US dollars from businesses and\ncorporations is seen as contributing to pressure in the FX market.\nDividend payments and foreign debt obligations are the main factors\ndriving the increased need for foreign currency in this period. To\nsafeguard rupiah stability, BI is increasing the intensity of\ninterventions in the foreign exchange market, both in offshore and\ndomestic markets. \u201cBank Indonesia continues to increase the intensity of\nforeign exchange interventions, both through interventions in the\noffshore non-deliverable forward (NDF) market and via spot and DNDF\ntransactions in the domestic market,\u201d Perry said. Interventions in the\noffshore market are aimed at maintaining global market expectations of\nthe rupiah. Meanwhile, interventions in the domestic market are directed\nto ensuring sufficient liquidity and maintaining domestic financial\nmarket stability.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/rupiah-briefly-touches-rp-17-700-per-us-dollar-as-bi-steps-up-interventions-in-the-fx-market-1779545656",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}