{
    "success": true,
    "data": {
        "id": 1818076,
        "msgid": "rupiah-weakens-to-rp-17-864-after-bi-predicts-inflation-rise-due-to-non-subsidised-fuel-hike-1782183097",
        "date": "2026-06-23 09:14:16",
        "title": "Rupiah Weakens to Rp 17,864 After BI Predicts Inflation Rise Due to Non-Subsidised Fuel Hike",
        "author": "",
        "source": "VIVA",
        "tags": "bisnis",
        "topic": "Economy",
        "summary": "The Indonesian rupiah weakened in early Tuesday trading after Bank Indonesia warned that recent increases in non-subsidised fuel prices would contribute to rising inflation. The central bank also flagged global commodity price transmission and potential weather disruptions from El Ni\u00f1o as key risks to price stability.",
        "content": "<p>The Indonesian rupiah exchange rate against the US dollar is\npredicted to remain volatile but closed weaker in today\u2019s trading. Based\non Jakarta Interbank Spot Dollar Rate (Jisdor) data from Bank Indonesia,\nthe rupiah stood at Rp 17,819 per US dollar on Monday, 22 June 2026,\nstrengthening by 7 points from the previous rate of Rp 17,826 on Friday,\n19 June 2026. However, in the spot market on Tuesday, 23 June 2026, as\nof 09.05 WIB, the rupiah was transacted at Rp 17,864 per US dollar,\nweakening by 21 points or 0.12 percent from the previous position of Rp\n17,843 per US dollar. Economic and currency market observer Ibrahim\nAssuaibi stated that Bank Indonesia projects the increase in Pertamax\nand Pertamax Turbo prices will contribute to a rise in national\ninflation. He noted that several inflation risk factors are currently\nemerging and drawing the central bank\u2019s attention. The main challenge\nstems from global spillovers, specifically the transmission of global\noil and commodity prices into the domestic economy, commonly referred to\nas imported inflation. These global spillover factors directly impact\nadministered prices, as reflected in the recent policy adjustment of\nnon-subsidised fuel prices. The second risk factor under close watch is\nthe potential for weather disruptions. The El Ni\u00f1o phenomenon is\nexpected to affect Indonesia from late June through October or November\n2026. Such extreme weather conditions could put pressure on volatile\nfood prices. Nevertheless, Bank Indonesia assesses that risks from the\nagricultural upstream side, such as a surge in fertiliser prices, can be\nmitigated because domestic fertiliser production capacity is still\ndeemed more than sufficient. Consequently, BI confirms that the\ninflation rate is indeed beginning to show an upward trend. However, BI\nassures that the inflation projection remains anchored within the target\nrange set by the central bank and the government, namely 2.5 plus or\nminus 1 percent, or a maximum of 3.5 percent. As a mitigation measure,\nBI continues to strengthen synergy with various parties. Regarding\nvolatile food price stability, anticipatory steps are focused through\nthe National Movement for Food Inflation Control (GNPIP), which is\nintensively coordinated with regional governments across Indonesia to\nensure supply availability.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/rupiah-weakens-to-rp-17-864-after-bi-predicts-inflation-rise-due-to-non-subsidised-fuel-hike-1782183097",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}