Investor Presentaiton
Exchange Rate In Line with Fundamentals
Movement of Rupiah
15-Mar-23
14120
14893
14669
14064 14219
Rupiah Exchange Rate Volatilty
25,85
22,02
15,73
10,209,77
8,14
15568
16.000
14935
15.500
14566
14373
15365
14157
14339 14399
15.000
14259
14344
13.500
13.000
17.000
16.500
14.500
14.000
25
20
10
10
Rupiah stability has been maintained in line
with BI stabilisation measures against a
backdrop of increasing global financial market
uncertainty. Consistent with broad-based
currency depreciation triggered by rising global
financial market uncertainty, the Rupiah
slightly depreciated by 0.75% (ptp) in value as
of 15th March 2023 compared with the level
at the end of February 2023. Year-to-date,
however, the Rupiah gained 1.32% on the level
recorded at the end of December 2022, thus
exceeding Rupee appreciation of 0.16%, as
well as the depreciation experienced by the
Baht (-0.04%) and Ringgit (-1.80%). Moving
forward, Bank Indonesia expects to maintain
Rupiah stability in line with the robust
domestic economic outlook, low inflation, a
current account surplus 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.
as of 15 Maret 2023
%
30
Jan-23
23,80
■Feb-23
21,92
17,46
■Mar-23
17,11
14,69
13,65
15
11,82
10,72
7,81
9,71
77791
8,15
6,91 7,54 8,00
5,53
9,08,70
3,99
4,44
3,21
2,02,43
I
5
BRL
ZAR
TRY
IDR
KRW
THB
MYR
INR
SGD
PHP
Source: Reuters, Bloomberg (calculated)
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