Indonesian Political, Business & Finance News

Video: DPR Demands BI's Commitment, Rupiah Must Return to Rp16,500 per US dollar

| Source: CNBC Translated from Indonesian | Economy
Video: DPR Demands BI's Commitment, Rupiah Must Return to Rp16,500 per US dollar
Image: CNBC

Jakarta, CNBC Indonesia - The Eleventh Commission of the Indonesian House of Representatives (DPR RI) is pressing Bank Indonesia to restore the rupiah’s exchange rate to the level of Rp16,500 per US dollar, in line with macroeconomic assumptions in the 2026 state budget (APBN 2026). The Eleventh Commission says the President’s remark that ‘rural people do not use dollars’ is aimed at calming the public amid pressures on the rupiah. More in CNBC Indonesia’s Squawk Box programme (Tuesday, 19 May 2026) below.

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