{
    "success": true,
    "data": {
        "id": 1800382,
        "msgid": "rupiah-strengthens-0-84-bi-cites-positive-response-to-policy-mix-1781265060",
        "date": "2026-06-12 18:05:00",
        "title": "Rupiah Strengthens 0.84%, BI Cites Positive Response to Policy Mix",
        "author": "Putri Yuliani",
        "source": "MEDIA_INDONESIA",
        "tags": "",
        "topic": "Economy",
        "summary": "The Indonesian rupiah strengthened by 0.84% over the past week, closing at Rp17,865 per US dollar on Friday. Bank Indonesia attributes the appreciation to positive market response following its policy mix, including a BI-Rate hike and increased monetary operations. Foreign capital inflows into SRBI and government bonds reached Rp19.02 trillion, signalling renewed investor confidence.",
        "content": "<p>Bank Indonesia (BI) stated that the rupiah\u2019s appreciation of 0.84%\nover the past week reflects a positive market response to the central\nbank\u2019s policy mix. On Friday (12\/6), the rupiah closed at\nRp17,865\/Rp17,875 per US dollar, strengthening from the position of\nRp18,010\/Rp18,020 per US dollar on 5 June 2026.<\/p>\n<p>Deputy Senior Governor Destry Damayanti explained that this\ndevelopment was supported by various policy measures taken by Bank\nIndonesia. These included raising the BI-Rate to 5.50%, strengthening\nthe structure of Bank Indonesia Rupiah Securities (SRBI) interest rates,\nproviding hedging swap incentives for foreign investors, and increasing\nthe intensity of rupiah and foreign exchange monetary operations,\nsupported by close synergy with the government.<\/p>\n<p>\u201cThis development reflects a positive market response to Bank\nIndonesia\u2019s policy mix,\u201d Destry said in an official statement on Friday\n(12\/6).<\/p>\n<p>Following the BI-Rate increase, foreign capital inflows showed\npositive development as the attractiveness of domestic financial\ninstruments increased. High global investor interest was reflected in\nthe rise of non-resident SRBI transactions and government securities\n(SBN), which on 10 and 11 June 2026 recorded inflows of Rp15.11 trillion\nand Rp3.91 trillion respectively.<\/p>\n<p>Additionally, foreign capital inflows also occurred through\nDanantara\u2019s international bonds, which raised Rp26.9 trillion in their\ninitial sale. This condition is seen as demonstrating investor optimism\ntowards the prospects of the national economy and Indonesian financial\nassets.<\/p>\n<p>\u201cThis development shows investor confidence in domestic assets,\u201d\nDestry said.<\/p>\n<p>On the other hand, Indonesia\u2019s external resilience was also\nstrengthened through financial cooperation between Bank Indonesia, the\nPeople\u2019s Bank of China (PBOC), and the Hong Kong Monetary Authority\n(HKMA). Three agreements were reached: synergy to strengthen the\nfinancial resilience of each country while maintaining regional\nfinancial stability, strengthening the Bilateral Currency Swap Agreement\n(BCSA), and reinforcing the commitment to use local currencies in\nbilateral transactions through the expansion of the Local Currency\nTransaction (LCT) scheme.<\/p>\n<p>\u201cThis step will reduce dependence on the US dollar and support rupiah\nexchange rate stability,\u201d Destry stated.<\/p>\n<p>Going forward, Bank Indonesia affirmed it will continue to be present\nin the market by optimising all policy instruments consistently and\nmeasurably. BI will also strengthen coordination with the government and\nvarious stakeholders to maintain rupiah exchange rate stability and\nstrengthen the external resilience of the Indonesian economy. With these\nvarious developments, the rupiah is believed to continue strengthening\nagainst the US dollar towards its fundamental level.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/rupiah-strengthens-0-84-bi-cites-positive-response-to-policy-mix-1781265060",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}