BI: Rupiah Maintained Relatively Stable Over Nearly the Last Month

Jakarta (ANTARA) - Bank Indonesia Governor Perry Warjiyo stated that the rupiah exchange rate has been maintained relatively stable from the end of March 2026 to 21 April 2026. “The rupiah exchange rate has been maintained relatively stable, which on 21 April 2026 was recorded at Rp17,140 per US dollar, or weakening by 0.87 percent point to point (ptp) compared to the end of March 2026,” he said during the Announcement of the April 2026 Board of Governors Meeting (RDG) held virtually in Jakarta on Wednesday. He conveyed that the rupiah exchange rate stabilisation policy continues to be strengthened amid rising global financial market uncertainties. In this context, the authority has increased the intensity of foreign exchange interventions to maintain rupiah exchange rate stability, through interventions in the offshore Non-Deliverable Forward (NDF) market as well as spot transactions and Domestic Non-Deliverable Forward (DNDF) in the domestic market. The structure of interest rates on monetary instruments has also been strengthened to attract inflows of foreign portfolio investment. Furthermore, Bank Indonesia has strengthened foreign exchange market transaction policies through adjustments to the cash purchase threshold for foreign exchange against the rupiah, increases in the DNDF/Forward selling threshold, as well as increases in the buy and sell swap thresholds, which apply starting April 2026. These steps have enabled the rupiah exchange rate to be maintained relatively stable. “Going forward, Bank Indonesia is confident that the rupiah exchange rate will be stable and tend to strengthen, supported by Bank Indonesia’s commitment, attractive returns, and Indonesia’s still good economic growth prospects,” Perry Warjiyo stated.