Economy
Prabowo Sets Rupiah Target at Rp16,800-Rp17,500 per USD in 2027 State Budget Blueprint
The Prabowo Subianto administration has set a projected exchange rate of Rp16,800 to Rp17,500 per US dollar for the 2027 state budget (RAPBN) blueprint, balancing global economic uncertainty with domestic growth targets.
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- Prabowo Sets Rupiah Exchange Rate Assumption at Rp17,500 for 2027 Budget
President Prabowo Subianto has set the 2027 budget assumption for the rupiah at Rp16,800–Rp17,500 per US dollar, citing global geopolitical tensions. Despite the cautious outlook, the administration remains committed to achieving an 8% economic growth target by 2029.