Indonesian Political, Business & Finance News

BI Governor Comments After US Dollar Breaks Rp18,159

| Source: VIVA Translated from Indonesian | Finance
BI Governor Comments After US Dollar Breaks Rp18,159
Image: VIVA

After the US dollar broke through Rp18,100, Bank Indonesia Governor Damayanti said the central bank was continuing to monitor the rupiah’s exchange rate against the US dollar. BI also reaffirmed that it would remain active in the market to help maintain the rupiah’s stability.

She said the rupiah’s movements were influenced by supply and demand in the market, and that BI would continue to monitor developments in the currency.

“We remain in the market; it depends on supply and demand. Today it may be moving that way, but in any case we will continue to monitor it,” Destry said at the Fairmont Hotel in Jakarta on Monday (26 October 2026).

She added that the rupiah’s current movements represented ordinary volatility. BI therefore had no plans to change its strategy for responding to exchange-rate dynamics.

“No, no, this is ordinary volatility, but we will continue to monitor it. We will also look into the root cause,” she said.

According to Bank Indonesia’s website, the rupiah continued to weaken against the US dollar. On Monday afternoon, the US currency reached Rp18,159.

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