BI Governor: Maintaining Rupiah Stability is Top Priority Amid Depreciation Concerns
Economy

BI Governor: Maintaining Rupiah Stability is Top Priority Amid Depreciation Concerns

Bank Indonesia (BI) Governor Destry Damayanti addressed concerns about the rupiah potentially depreciating to IDR 22,000 per US dollar, emphasizing that maintaining economic stability is the top priority. She stated that domestic economic fundamentals are relatively good, and market supply, demand, and perception influence the rupiah's movement.

Read up to 3 eligible full articles per Japan day (JST) for free

Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.

  • IHSG Predicted to Test Psychological Level of 5,000

    Indonesia's Composite Stock Price Index (IHSG) is predicted to test the psychological level of 5,000 on Friday, October 30, 2026, after closing down 3.49% at 5,098. Despite the US Federal Reserve holding interest rates steady, which bolstered the Rupiah, all sectors declined, dampening market sentiment.

  • Hashim Warns of Rupiah Depreciation Risk to Rp21,000 Amidst Foreign Capital Outflow

    Indonesian Chamber of Commerce and Industry (Kadin) advisor Hashim Djojohadikusumo warned that continued foreign capital outflow could weaken the Indonesian Rupiah to Rp21,000 against the US dollar, increasing the burden of foreign debt. He highlighted 'pump-and-dump' stock practices as a major issue and urged decisive government action.

  • Chandra Daya Investasi Posts 16% Revenue Growth in Nine Months, Net Profit Declines

    PT Chandra Daya Investasi Tbk (CDIA) reported a 16% revenue increase for the first nine months of 2026. However, net profit saw a significant 61.5% decline due to fair value adjustments, despite stable infrastructure business performance and expansion.

  • IDX Aims to Enhance Market Quality to Achieve Transaction Value Targets

    The Indonesia Stock Exchange (IDX) targets to increase its daily average transaction value (RNTH) to Rp21 trillion by 2027. However, beyond mere numerical growth, the quality of listed companies, market credibility, and liquidity depth are crucial for sustainable trading activity expansion.