{
    "success": true,
    "data": {
        "id": 1688009,
        "msgid": "video-as-the-rupiah-hits-record-low-where-will-bis-policy-direction-head-1776664255",
        "date": "2026-04-20 12:16:09",
        "title": "Video: As the Rupiah Hits Record Low, Where Will BI's Policy Direction Head?",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Economy",
        "summary": "The closure of the Strait of Hormuz amid the ongoing US-Iran conflict is disrupting global energy supply chains and driving up oil, LPG, and fuel prices, which burdens Indonesia's state budget with higher energy subsidies and pressures the rupiah exchange rate. Non-subsidised fuel price hikes could further erode purchasing power and fuel inflation in the country. Bank Indonesia is expected to hold its benchmark rate steady in the April 2026 meeting due to the rupiah's all-time low, with broader implications for the national budget, currency, and capital markets discussed in a CNBC Indonesia segment.",
        "content": "<p>Jakarta, CNBC Indonesia - CNBC Indonesia economist, Maesaroh,\nexplains a series of cascading impacts from the re-closure of the Strait\nof Hormuz amid the unresolved US-Iran war. This situation not only\ndisrupts energy supply chains but also pushes up crude oil, LPG, and\nfuel prices. For Indonesia, rising oil prices not only burden the state\nbudget and inflate energy subsidies but also pressure the rupiah\nexchange rate. On the other hand, increases in non-subsidised fuel\nprices must also be watched for their effects on purchasing power,\ninflation, and the Indonesian economy. This Middle East tension will\nalso influence the direction of central bank interest rate policies\nglobally, including those of The Fed and Bank Indonesia. It is estimated\nthat BI, in the April 2026 RDG, will still hold the BI Rate level steady\ngiven the rupiah\u2019s position at its all-time weakest level. What are the\nimpacts of the war on the state budget, rupiah, and Indonesian capital\nmarkets? For more details, watch the dialogue between Andi Shalini and\nCNBC Indonesia economist, Maesaroh, in Squawk Box, CNBC Indonesia\n(Monday, 20\/04\/2026).<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/video-as-the-rupiah-hits-record-low-where-will-bis-policy-direction-head-1776664255",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}