Investor Presentaiton
Exchange Rate In Line with Fundamentals
Movement of Rupiah
as of 18-Apr-23
Quarterly Average
IDR/USD
14120
66666
14893
14669
14219
14064
15568
14935
15223 15,500
14566
14373
14157
14339 14399
14860
14259
14344
Rupiah Exchange Rate Volatilty
Rupiah 2023 vs 2022
point-to-point
ZAR
KRW
TRY
-11,93
JPY
MYR
PHP
CNY
SGD
THB
INR
---EUB
IDR
BRC
-15,0
-10,0
-6,23
-7,86
average
-3,49
0,95
-3,45
-2,13
-0.51
-0,38
0,14
-0,22
-0,48
0,41
-1,56
0,55
3,49
0,71
3,38
0,93
-4,24
2,42
5,26
-5,0
Source: Reuters and Bloomberg. Data as of 17th April 2023
-1,97
0,14
0,0
5,0
%, ytd
17,000
16,500
16,000
15,000
14,500
14,000
13,500
13,000
The rupiah appreciated line with BI
stabilisation measures.
The rupiah appreciated 1.38% (ptp) in value
as of 17th April 2023 compared with the
level at the end of March 2023, boosted by
strong foreign capital inflows of portfolio
investment. Year-to-date, the rupiah gained
5.26% on the level recorded at the end of
December 2022, thus exceeding the rupee
(0.93%), baht (0.71%) and peso (0.22%).
Moving forward, Bank Indonesia expects to
maintain rupiah stability in line with the
current account surplus and maintained
foreign capital inflows, given the promising
domestic economic growth outlook, low
inflation and attractive yields on domestic
financial assets for investment.
Furthermore, Bank Indonesia will continue
strengthening rupiah stabilisation policy to
control imported inflation and mitigate the
contagion effect of global financial market
uncertainty on rupiah exchange rates.
Rupiah stabilisation policy has also been
strengthened by DHE management through
the implementation of foreign currency term
deposits (TD) in accordance with market
mechanisms
10,0
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