Jakarta, ThedailyID — Purbaya Yudhi Sadewa said Indonesia will continue pushing efforts to strengthen the rupiah exchange rate toward Rp15,000 per US dollar.
Purbaya is an Indonesian economist who currently serves as chairman of the supervisory board of Danantara, Indonesia’s sovereign wealth fund. He is also known for his background in macroeconomics and financial policy analysis.
According to CNN Indonesia, Purbaya delivered the statement during a discussion on Indonesia’s financial and investment outlook.
He stated that a stronger rupiah would help improve economic stability and reduce pressure from imported inflation.
Purbaya explained that Indonesia still has strong economic fundamentals despite ongoing global market volatility and geopolitical uncertainty.
According to him, maintaining investor confidence and strengthening capital inflows remain important factors in supporting the rupiah.
The rupiah has recently faced pressure from global economic uncertainty, rising US interest rates, and geopolitical tensions affecting financial markets.
Several analysts also linked rupiah volatility to fluctuations in commodity prices and foreign capital movements across emerging markets.
Purbaya emphasized that the government and financial authorities continue coordinating policies to maintain macroeconomic stability.
He added that Indonesia’s large domestic market and natural resource potential provide long-term support for the national currency.
Bank Indonesia has also repeatedly intervened in currency markets to stabilize rupiah movements during periods of volatility.
Market observers noted that achieving the Rp15,000 level would depend heavily on external conditions, including US monetary policy and global investor sentiment.
Despite recent pressure, Indonesia’s inflation rate and economic growth remain relatively stable compared to several other emerging economies.
