JAKARTA - Coordinating Minister for Economic Affairs Airlangga Hartarto responded to the rupiah exchange rate against the US dollar which fell to the level of Rp. 16,640 per US dollar.
Met by reporters after a limited meeting with President Prabowo Subianto and a number of ministers of the Red and White Cabinet at the Presidential Palace, Wednesday, March 26, Airlangga revealed that the ups and downs of the value of the rupiah currency were common.
Airlangga Hartarto explained that the rupiah could strengthen again with a number of driving factors such as Indonesia's strong foreign exchange reserves and driven by export performance which continued to show positive numbers. According to Airlangga, fluctuations in the value of the rupiah currency occurred only for a while.
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