Rupiah Weakened Near Rp17,000 per US Dollar, Rosan: Still Within Reasonable Limits

JAKARTA - The Minister of Investment and Industrialization and Head of BKPM Rosan Roeslani emphasized that the weakening of the rupiah exchange rate against the US dollar does not automatically suppress investment interest in Indonesia.

Rosan said that although the rupiah exchange rate was close to Rp17,000 per US dollar (USD), the government saw the movement as still within reasonable limits.

"The United States dollar is not a continuous increase, it is still up and down. And this is still within a range that is very acceptable by investors," said Rosan in Jakarta, Thursday, February 15.

According to Rosan, investors, especially foreign investors, have included the variable of currency fluctuations in their business calculations long before investing capital. Therefore, exchange rate movements are not the main consideration that can hinder the realization of investments.

The CEO of Danantara Indonesia also said that the government's confidence was based on solid domestic economic fundamentals, ranging from growth stability, the sustainability of downstream, to the attractiveness of the national market.

With the prospect of growth still positive, Rosan believes investor interest in Indonesia will remain maintained even though the rupiah is under external pressure.

"They have estimated the movement of their investment in Indonesia, the movement is still within an acceptable range," said Rosan.

In addition, Rosan denied that foreign investment slowed throughout 2025. Based on data, investment realization in the last year reached IDR 900.9 trillion. This figure grew by around 0.1 percent on an annual basis.

Rosan explained that the share of foreign investment had dropped to 46.6 percent not because investor interest had slowed. But the growth of domestic investment has grown rapidly to 53.4 percent.

"Actually, it's not the PMA that is slowing down if I look at it, in the country that is faster," he said.

Rosan said that the presence of Danantara Indonesia is also a factor that drives the realization of PMDN throughout 2025.

He also believes that foreign investment will be further eroded by 2026.

"I am convinced that there will indeed be an increase in the country, especially because the inter-factor will be quite significant, so that the percentage increase in the country will increase more than outside the country," said Rosan.