JOURNAL ARTICLE

Bank Indonesia Prioritizes Stability as Rupiah Hits Record Lows.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Sihombing, Grace; Wirayani, Prima 3 of 3

Abstract

The article focuses on Indonesia's central bank, Bank Indonesia (BI), and its ongoing efforts to stabilize the rupiah amid a recent three-day decline to record lows against the US dollar. Senior Deputy Governor Destry Damayanti emphasized BI's commitment to using all available monetary policy tools and maintaining active intervention in various currency markets to support exchange rate stability. The rupiah's depreciation is linked to rising oil prices driven by the Iran conflict, which has increased fiscal pressures amid expanding government spending and a widening budget deficit. Despite these challenges, Indonesia's status as a commodity exporter may help mitigate exchange rate pressures. Governor Perry Warjiyo indicated that BI plans to maintain current interest rates while adjusting interventions to manage the rupiah's volatility. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/04, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2026
  • Accession Number:192815081
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