{
    "success": true,
    "data": {
        "id": 1920143,
        "msgid": "rupiah-pegged-at-rp17-500-per-us-dollar-in-2027-state-budget-draft-observers-express-doubts-1786711817",
        "date": "2026-08-14 18:37:00",
        "title": "Rupiah Pegged at Rp17,500 per US Dollar in 2027 State Budget Draft, Observers Express Doubts",
        "author": "Andhika",
        "source": "MEDIA_INDONESIA",
        "tags": "",
        "topic": "Economy",
        "summary": "The Indonesian government has set the rupiah exchange rate assumption at Rp17,500 per US dollar in the 2027 Draft State Budget (RAPBN). However, economists have expressed scepticism, noting the rupiah has recently traded between Rp17,800 and Rp18,200, making the target appear overly ambitious. They argue that achieving this rate requires strong market confidence and concrete strategic plans from the economic team, rather than relying solely on a change in central bank leadership.",
        "content": "<p>The rupiah exchange rate has been pegged at Rp17,500 per US dollar in\nthe basic macroeconomic assumptions of the 2027 Draft State Budget\n(RAPBN). However, this target has drawn scepticism from economists. Dipo\nSatria Ramli, an economist at the Center of Reform on Economics (CoRE)\nIndonesia, expressed doubts about the rupiah trend set by the\ngovernment. He stated that the assumption is very difficult to achieve\ngiven current real market conditions. \u2018What I find very difficult is the\nrupiah assumption itself. Even today, the rate is above Rp17,500, and we\nknow that for the past few weeks, it has consistently been between\nRp17,800 and Rp18,200. So I am somewhat sceptical about the rupiah\ntrend,\u2019 he said on Friday (14\/8). Dipo assessed that the rupiah exchange\nrate movement is heavily dependent on market confidence and assessments\nby rating agencies. Without strong positive sentiment, the rupiah will\nremain under pressure. He further highlighted that a change in\nleadership at Bank Indonesia (BI) is not an instant solution to\nstabilise the currency. Dipo noted that the planned appointment of\nDestry Damayanti as the new BI Governor has not yet been accompanied by\nconcrete strategic steps from the government\u2019s economic team. \u2018I think\nthat even though the BI Governor is planned to change to Bu Destry,\nthere is still no concrete plan from the current economic team on how we\nwill strengthen the rupiah,\u2019 he concluded.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/rupiah-pegged-at-rp17-500-per-us-dollar-in-2027-state-budget-draft-observers-express-doubts-1786711817",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}