BI Launches Large-Scale Operations to Save Rupiah, Here is the Plan!

Bank Indonesia (BI) has increased the intensity of its rupiah and foreign exchange (forex) monetary operations to curb the recent depreciation of the rupiah. “The increased intensity of monetary operations for both the rupiah and foreign exchange is intended to strengthen the stabilisation of the rupiah exchange rate,” stated BI Governor Perry Warjiyo in a press release on Tuesday (9/6/2026).

The operational steps taken include conducting Bank Indonesia Rupiah Securities (SRBI) auctions twice a week. BI has also raised the interest rate structure across all 6, 9, and 12-month tenors to further enhance yields and encourage the inflow of foreign portfolio investment.

“The increase in the SRBI interest rate structure is intended to follow market mechanisms and to ensure that portfolio investment in Indonesia remains competitive with other countries,” he explained. Meanwhile, the strengthening of foreign exchange monetary operations continues through increased intervention intensity, both via spot and DNDF transactions in the domestic market and NDF transactions in the overseas market.