Jakarta, CNBC Indonesia - CNBC Indonesia, in collaboration with Bank\nIndonesia, presents the Central Banking Forum 2026 with the theme\n\u201cIndonesia\u2019s Economic Resilience in Facing Global Exchange Rate\nVolatility\u201d. The forum thoroughly examines Indonesia\u2019s responses and\nthose of monetary authorities to global challenges, while strengthening\nnational economic resilience and maintaining market confidence and\npositive perspectives.<\/p>\n
Head of the Monetary Management and Securities Assets Department at\nBank Indonesia, Erwin Gunawan Hutapea, reaffirmed the rupiah exchange\nrate\u2019s position as being in good condition. From the inflation side, it\nis maintained at 3.8% with a still strong trade balance and foreign\nexchange reserves sufficient to meet needs.<\/p>\n
Meanwhile, Director of Strategic Economic Stability at the\nDirectorate General of Fiscal Balance, Ministry of Finance of the\nRepublic of Indonesia, Noor Faisal Achmad, assured that the state budget\nis healthy to support Indonesia\u2019s economic growth, backed by a 10.5%\ngrowth in tax receipts at the beginning of the year despite a surge in\nspending in Q1-2026.<\/p>\n
The Ministry of Finance also assured that the state budget is still\ncapable of financing the energy sector amid the global energy price\nsurge. Meanwhile, in managing state debt amid rising government bond\nyields, the Ministry of Finance has prudent and efficient\nstrategies.<\/p>\n
On the other hand, BCA\u2019s Chief Economist, David Sumual, stated that\nthe weakening exchange rates experienced by the majority of currencies,\nincluding the rupiah, are due to the market\u2019s short-term focus,\nprimarily related to oil prices. This has led foreign investors to carry\nout capital outflows in equities and government bonds, although in the\nSRBI it recorded capital inflows, which can serve as a buffer for\nforeign reserves and the rupiah.<\/p>\n
Additionally, long-term improvement measures are needed, such as\nthose carried out by China in developing renewable energy sources to\nreduce fossil fuels.<\/p>\n
Meanwhile, Executive Director of the Center of Reform on Economics\n(CORE), Mohammad Faisal, provided views on the economic indicators that\nthe government and monetary authorities must pay attention to amid\npressures on the rupiah exchange rate and global economic turmoil in\n2026, related to real sector conditions to fiscal and financial\nconditions.<\/p>\n
Compared to the 1998 crisis or Covid-19, one real sector condition\namid the US vs Iran war in 2026 that must be maintained is the\npurchasing power of the middle class, which has experienced pressure. In\naddition, fiscal governance must also be considered to maintain investor\nconfidence in Indonesia.<\/p>\n
For more details, watch the dialogue with Syarifah Rahma and Head of\nthe Monetary Management and Securities Assets Department at Bank\nIndonesia, Erwin Gunawan Hutapea, along with Director of Strategic\nEconomic Stability at the Directorate General of Fiscal Balance,\nMinistry of Finance of the Republic of Indonesia, Noor Faisal Achmad,\nand BCA\u2019s Chief Economist, David Sumual, as well as Executive Director\nof the Center of Reform on Economics (CORE), Mohammad Faisal, in the\nCentral Banking Forum 2026, CNBC Indonesia (Tuesday, 14\/04\/2026).<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/video-bi-assures-rupiah-is-fine-these-3-indicators-provide-proof-1776156665", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }