BI Confirms Continued Intervention After Rupiah Reaches Rp18,000 per US Dollar This Morning
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.4 Articles
4 Articles
The Jakarta Composite Index (JCI) plunged 8 percent, and the rupiah hit Rp 18,021 per US dollar. Learn important lessons on managing emergency funds, investments, and digital finance during market volatility.
Bank Indonesia (BI) emphasized its continued presence in the financial markets to maintain the stability of the rupiah exchange rate in line with its fundamentals, after the rupiah reached Rp18,000 per US dollar in trading on Friday morning (October 16, 2026). Erwin Gunawan Hutapea, Head of BI's Monetary and Securities Asset Management Department, stated that the central bank is also ensuring that market mechanisms continue to function effective…
Bank Indonesia (BI) is currently intensively intervening in the financial market, amidst the depressed rupiah exchange rate.
BI estimates that foreign fund outflows from domestic portfolio assets will continue amidst the rupiah's decline to 0.28%.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
