Video: Foreign Reserves Decline, Yet Rupiah Remains Weak at Rp17,000 per US Dollar

Pressure on the rupiah exchange rate persists as Middle East tensions remain heated, keeping the rupiah stuck at the Rp17,000 level per US dollar. On the other hand, Bank Indonesia’s efforts to maintain rupiah stability have eroded Indonesia’s foreign exchange reserves, which fell to USD 148.2 billion at the end of March 2026 from USD 151.9 billion at the end of February 2026. What is the analysis of the rupiah’s resilience? For more details, watch the discussion with Andi Shalini and FX Analyst CNBC Indonesia, Elvan Chanra Widyatama, on Squawk Box, CNBC Indonesia (Friday, 10/04/2026).