Investor Presentaiton
Movement of Rupiah
Exchange Rate Movement In Line With BI Stabilization Measures
Data.d. 20-Dec-23
Quarterly Average
IDR/USD
14893
14669
14219
14064
14935
14566
14373
14157
14339
14399
26-Jul-2
14259
28-Nov-21
-Dec-21
14344
11-Feb-2
8-Mar-
Rupiah Exchange Rate Volatilty
Rupiah 2023 vs 2022
point-to-point
TRY -35,76
-29,92
JPY
ZAR
MYR
CNY
KRW
THB
INR
PHP
IDR
SGD
EUR
BRL
15568
15223
15510
15215
14860
16-Jun-2
11-Jul-2
5-Aug-
30-Aug:
24-Sep-2
19-Oct-22
3-Nov-22
8-Dec-22
2-Jan-23
27-Jan-23
21-Feb-23
18-Mar-23
12-Apr-23
7-May-23
1-Jun-23
26-Jun-23
21-Jul-23
15-Aug-23
9-Sep-23
4-Oct-23
29-Oct-23
3-Nov-23
average
17,000
16,500
16,000
15639
15,500
18-Dec-23
15,000
14,500
14,000
13,500
13,000
15,0
As of 20th December 2023, the rupiah gained 0.44% in
value against the level recorded at the end of November
2023. Consequently, the rupiah has appreciated 0.37%
on the level recorded at the end of December 2022,
thereby outperforming the Philippine peso, Indian rupee
and Thai baht, which depreciated 0.05%, 0.53% and
0.85% respectively. In addition to BI stabilisation policy,
rupiah appreciation continues as a corollary of foreign
capital inflows, attractive yields on domestic financial
assets for investment as well as the positive economic
outlook. Moving forward, Bank Indonesia will remain
vigilant of several emerging risks and strive to maintain
rupiah stability. In addition, Bank Indonesia will optimise
the pro-market MO strategy through the SRBI, SVBI and
SUVBI instruments to enhance liquidity management at
domestic financial institutions and attract portfolio
inflows from abroad. Meanwhile, Bank Indonesia
continues strengthening coordination with the
Government, banking industry and business community
to support the effective implementation of instruments
that retain the proceeds of natural resources exports in
accordance with Government Regulation Number 36 of
2023 (PP DHE SDA) concerning the Foreign Exchange
Proceeds of Exports and the Exploitation, Management
and/or Processing of Natural Resources.
47
-8,59
-6,35
6,88
-11,05
-5,44
-3,49
-3,33
-4,85
-2,54
-0.91
-0,85
0,84
-0,53
-4,67
-0,05
1.85
0,37
-2.43
0.75
2,63
2,30
2,58
8,51
3,53
-10,0
-5,0
0,0
5,0
10,0
%, ytd
-35,0 -30,0 -25,0
-40,0
-20,0 -15,0
Source: Reuters and Bloomberg. Data as of 20 December 2023View entire presentation