Rupiah Rp16,100 Per US Dollar In 2025, Sri Mulyani: Impact Of Global Uncertainty And Domestic

Minister of Finance Sri Mulyani (Photo: Antara)

Minister of Finance Sri Mulyani Indrawati explained the rupiah prediction in the 2025 State Revenue and Expenditure Budget Draft (RAPBN) amounting to IDR 16,100 per US dollar. This emerged after seeing various global and domestic conditions which were met with uncertainty.

Sri Mulyani said that seeing various events in the last six months gave extraordinary lessons, uncertainty affected the rupiah exchange rate and all currencies around the world suddenly experienced very heavy depreciation pressure.

"In the last two weeks, we have seen that the rupiah has experienced a strong appreciation," said Sri Mulyani at the DPR RI Plenary Meeting on the State Budget Bill for Fiscal Year 2025, Tuesday, August 27.

Sri Mulyani conveyed that the conditions that occurred in the last six months indicated that there were global factors that affected, especially from developed countries that had an impact on the whole world.

"However, at the same time the rupiah is supported by the economic foundation of Indonesia, especially in the outlook of the balance of payments. Therefore, the export current account deficit is very important and depends on productivity and competitiveness of our economy," he said.

On the other hand, Sri Mulyani explained that the macroeconomic foundation, especially from a fiscal point of view, provides credibility that can attract capital flow again at a time of uncertainty.

Regarding the US dollar, Sri Mulyani opens if there is a need for discussion, especially in a very dynamic situation from a global and domestic perspective.

"Therefore, we appreciate to discuss the exchange rate and yield of state securities, especially in dynamic situations, both globally and domestically," he said.