#Monetary
U.S. tariff policy deemed counterproductive, pressures rupiah, threatens exports
The increase in import tariffs by United States President Donald J. Trump against a number of trading partner countries is considered to have put great pressure on Indonesia's economic stability, having a direct impact on the rupiah exchange rate and national export performance, says a researcher.
BI announces aggressive intervention to stabilize rupiah after IdulFitri
The Indonesian Central Bank (BI) has hinted at conducting aggressive market intervention to stabilize the rupiah exchange rate which was depressed during the long IdulFitri holiday.
BI maintains interest rate at 5.75 percent amidst market turmoil
The Indonesian Central Bank (BI) has decided to maintain its benchmark interest rate at 5.75 percent in the March 2025 Board of Governors Meeting (RDG) as an effort to maintain the stability of the rupiah exchange rate and anticipate the continuing high global uncertainty.
BI's independence questioned for disbursing Rp130 trillion on Housing program
An economist has criticized the support by the Indonesian Central Bank (BI) on the affordable housing program initiated by the government of President Prabowo Subianto, saying that it would reduce the bank’s credibility as an independent monetary authority.
Rupiah drops to lowest level in five years, BI to intervene the market
The rupiah exchange rate against the United States (U.S.) dollar has weakened sharply again due to global sentiment, with the Indonesian Central Bank (BI) revealing that the rupiah depreciation was triggered by the trade tariff policy announced by President Donald Trump.