Bank Indonesia Holds BI-Rate at 5.75% Amid Global Uncertainty Warning

Bank Indonesia holds BI-Rate at 5.75%, confirming economists’ expectations following the central bank’s Board of Governors Meeting (RDG) held on July 21–22, 2026. The Deposit Facility rate also remained unchanged at 4.75%, along with the Lending Facility rate at 6.5%. “The Bank Indonesia Board of Governors Meeting on July 21 and 22, 2026 decided to […]
Bank Indonesia’s 73rd Anniversary: A Test of Independence Amid Rupiah Pressure

Bank Indonesia’s 73rd anniversary arrives at a defining moment for the nation’s monetary authority. Since the government issued Law No. 11/1953 on the principles of Bank Indonesia (BI), the institution has now reached 73 years of service. Specifically, starting July 1, 1953, BI officially replaced De Javasche Bank (DJB) Wet as the Central Bank of […]
Moody’s Warns Indonesia Fiscal Risk Remains Elevated Amid Iran Conflict

Moody’s warns Indonesia fiscal risk continues to build, as the international rating agency Moody’s Ratings once again voiced concern over policy uncertainty and fiscal sustainability risk in Indonesia. Moody’s cautioned that potential downside economic risks are projected to persist. Why Moody’s Warns Indonesia Fiscal Risk Is Shifting More Negative Moody’s Vice President of the Sovereign […]
Rupiah Under Pressure Amid Iran Conflict as Investors Flock to Safe Havens

Rupiah under pressure amid Iran conflict as the exchange rate faces renewed strain in Tuesday trading, July 21, 2026. The escalating Iran conflict is pushing investors back toward safe havens like the US dollar, adding further weight on the rupiah. Why the Rupiah Faces Renewed Pressure Today Currency and commodity analyst Ibrahim Assuaibi said that […]
Rupiah Strengthens Against US Dollar Amid Growing Concern

Rupiah strengthens against US dollar with the potential to extend its gains on Monday, July 20, 2026, though the movement remains overshadowed by global uncertainty, particularly the escalating conflict in the Middle East, which could keep world oil prices elevated. Last week, the rupiah closed stronger against the US dollar in Friday trading, July 17, […]
USD Accounts Surge in Indonesia as Rupiah Weakens and New Export Rules Take Effect

USD accounts surge in Indonesia, according to data from the Indonesia Deposit Insurance Corporation (LPS), which recorded a sharp increase in the number of US dollar accounts at commercial banks as of May 2026. Several factors are driving this trend, including the weakening rupiah exchange rate, high global uncertainty, and new regulations requiring natural resource […]
Indonesia Credit Rating Momentum Must Drive Real Economic Transformation, Economist Says

Indonesia credit rating momentum following S&P Global Ratings’ decision to maintain the country’s credit rating at BBB for the long term and A-2 for the short term serves as a positive signal that preserves investor confidence in the government’s capabilities. However, this decision needs to be translated into genuine economic transformation. Why Indonesia Credit Rating […]
Bank Indonesia Confirms Capital Inflow Surge of Rp17.7T

Bank Indonesia confirms capital inflow recovery into domestic financial markets, following a period of significant foreign capital outflow in the first quarter of 2026. Bank Indonesia (BI) has acknowledged that large-scale capital outflow occurred during that period, driven by heightened global uncertainty and rising risk perception toward Indonesia. Why the Outflow Happened in Early 2026 […]
S&P Affirms Indonesia’s BBB Credit Rating, Boosts Investor Confidence

S&P affirms Indonesia’s BBB credit rating with a stable outlook, and Bank Indonesia (BI) has welcomed the decision by credit rating agency Standard and Poor’s (S&P) Global Ratings regarding Indonesia’s economic performance. The affirmation, issued on July 13, 2026, reflects the country’s continued position within the investment grade category. S&P Affirms Indonesia’s BBB Rating on […]
Rupiah Weakens Against US Dollar to Rp18,124 Amid Fed Warning

Rupiah Weakens Against US Dollar Amid Fed Warning on Inflation The Indonesian rupiah weakens against US dollar at the opening of trading on Tuesday, July 14, 2026. According to Bloomberg data at 09:05 WIB in the spot exchange market, the rupiah opened 15 points weaker (0.08%) at Rp18,124 per US dollar. This follows Monday’s close, […]