Rupiah Weakens, BI Optimises Utilisation of All Monetary Operations Instruments

Bank Indonesia (BI) has stated that stability is the top priority amid very high global uncertainties. Senior Deputy Governor of Bank Indonesia, Destry Damayanti, said BI will optimise the utilisation of all monetary operations (OM) instruments it possesses, as well as OM policies, to maintain exchange rate stability.

“BI will consistently and measuredly always be present in the money market, both in the spot market, DNDF, and NDF in the offshore market,” she said in a statement received on Tuesday (7/4).

Destry said the impact of the Middle East conflict is two-way. In this regard, rising commodity prices and Indonesia’s position as an exporting country could provide positive effects for the national economy.

“Thus, it can offset the pressure on the exchange rate due to that escalation,” she concluded.

Meanwhile, the rupiah exchange rate today, 7 April 2026, closed sharply weaker, breaching the level of Rp17,105 per US dollar (USD), which is the weakest level in the entire history of the Republic of Indonesia.

Based on verified market data, this weakening surpassed the previous lowest point, triggering concerns in the capital and real sectors. Pressure on the rupiah currency was triggered by a combination of aggressive global sentiments and domestic macroeconomic conditions.

The rupiah exchange rate against the US dollar (USD) continues to face pressure at the opening of trading on Tuesday morning, 7 April 2026.

The rupiah exchange rate against the US dollar weakened in Monday morning trading, 6 April 2026, in line with increasing market concerns over the escalation of the Middle East conflict.