Ada Pertanyaan? Hubungi Kami 
Ada Pertanyaan? Hubungi Kami Fathan Qorib, Robert Sidauruk
Bank Indonesia (BI) has announced to the public that it believes the rupiah exchange rate against the US dollar, has returned to a normal level. This is evident from the US dollar-selling activity by exporters in the market where there has been an increase in demand for rupiah.
“Exporters are starting to sell their dollars, this indicates that the rupiah is back in a stable position,” said Perry Warjiyo, Deputy Governor at BI, in Jakarta on Thursday.
The current situation, Perry continued, was possiblely due to several BI market interventions.. BI’s intervention involved issuing two policies to the money market and obligation sectors.
Previously BI had increased its benchmark interest rate to 6% from 5.75%. This policy was in parallel with the fasbi rate, which increased from 4% to 4.25%.
At a different venue, Member of Budget Agency at House of Representative (DPR), Roem Kono, expressed the view that he believed that the weakening of the rupiah against the US dollar will only last temporarily.
He explained that the rupiah’s recent weakening was caused by the Government’s indecisiveness in raising the price of subsidized fuels, and also the unpredictability of the global economy.
“These aremerely accidental events, I believe the Government and BI can overcome the situation, provided that there is resolve to increase the price of subsidized fuel prices within this year,’ he asserted.
However, Roem warned the Government and BI to monitor the rupiah’s volatility, as it will affect the state budget and the national economy.
“There must be anticipatory measures by BI, so that Indonesia won’t be dragged down by the global economic situation”, he emphasized.
(ds/keld)
Fathan Qorib, Robert Sidauruk
Bank Indonesia (BI) has announced to the public that it believes the rupiah exchange rate against the US dollar, has returned to a normal level. This is evident from the US dollar-selling activity by exporters in the market where there has been an increase in demand for rupiah.
“Exporters are starting to sell their dollars, this indicates that the rupiah is back in a stable position,” said Perry Warjiyo, Deputy Governor at BI, in Jakarta on Thursday.
The current situation, Perry continued, was possiblely due to several BI market interventions.. BI’s intervention involved issuing two policies to the money market and obligation sectors.
Previously BI had increased its benchmark interest rate to 6% from 5.75%. This policy was in parallel with the fasbi rate, which increased from 4% to 4.25%.
At a different venue, Member of Budget Agency at House of Representative (DPR), Roem Kono, expressed the view that he believed that the weakening of the rupiah against the US dollar will only last temporarily.
He explained that the rupiah’s recent weakening was caused by the Government’s indecisiveness in raising the price of subsidized fuels, and also the unpredictability of the global economy.
“These aremerely accidental events, I believe the Government and BI can overcome the situation, provided that there is resolve to increase the price of subsidized fuel prices within this year,’ he asserted.
However, Roem warned the Government and BI to monitor the rupiah’s volatility, as it will affect the state budget and the national economy.
“There must be anticipatory measures by BI, so that Indonesia won’t be dragged down by the global economic situation”, he emphasized.
(ds/keld)