Finance Ministry: Global Pressures on Indonesia's Financial Markets Relatively Moderate
Jakarta (ANTARA) - The Ministry of Finance states that the pressure from global volatility on the domestic financial markets is at a relatively moderate level.
Director of Economic Stabilisation Strategy at the Ministry of Finance, Noor Faisal Achmad, said that although global risk-off sentiment has triggered capital outflows, Indonesia’s situation remains under control.
“Our assessment shows that the pressure on Indonesia is still relatively moderate,” Faisal stated at the Central Banking Forum 2026 in Jakarta on Monday.
Faisal explained that the current depreciation of the rupiah’s exchange rate is still manageable. For the record, the rupiah exchange rate weakened by 17 points or 0.10 percent to Rp17,121 per US dollar on Monday morning from the previous close at Rp17,104 per US dollar.
He continued that the current capital outflows are more influenced by global factors rather than domestic fundamental weaknesses.
This optimism is supported by several solid domestic indicators.
For example, Indonesia’s March Manufacturing Purchasing Managers’ Index (PMI) remains expansionary at 50.1, although moderated from February’s 53.8.
The trade balance continues to record a surplus of $1.27 billion in February 2026, extending the surplus trend for 70 consecutive months.
Inflation is also controlled at 3.48 percent year-on-year in March 2026, and bank credit disbursement grew by 9.37 percent year-on-year.
These various indicators demonstrate that the domestic growth engine is still functioning well amid global pressures.
“With global pressures, Indonesia’s economic fundamentals so far still provide optimism for us. The impact will be limited. The domestic growth engine is still working well,” Faisal said.
The government, he added, is also continuously working to maintain market confidence through prudent management of the State Revenue and Expenditure Budget (APBN), maintaining financing credibility, and ensuring that the market knows the government’s responses are anticipatory and measured.