{
  "id": 9634331,
  "title": "Indonesian Rupiah: BI prioritizes IDR stability – Commerzbank",
  "url": "https://urgent.news/2026/09/24/indonesian-rupiah-bi-prioritizes-idr-stability-commerzbank",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-24T21:51:00.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/indonesian-rupiah-bi-prioritizes-idr-stability-commerzbank-202609242151"
  },
  "original_language": "en",
  "account": "Indonesian Rupiah (IDR) remains a top priority for Bank Indonesia (BI) as the central bank maintains its 5.75% benchmark interest rate for the third consecutive meeting, according to a report by Commerzbank. BI Governor Destry Damayanti explained that non-rate tools and incentive-based measures will be prioritized to support the rupiah, rather than increasing the yield of the SRBI (Special Reserve Requirement for Banks in Indonesia). The bank is confident in its 2026 GDP and inflation forecasts, and expects the BI Rate to stay unchanged unless there's a significant weakening of the rupiah or inflation pressures.\n\nDamayanti highlighted the need to balance rising inflation risks and rupiah stability while supporting growth. The central bank has adopted a more neutral tone, expressing its confidence in economic fundamentals to keep the rupiah supported. Additionally, BI expanded FX hedging incentives, offering higher premiums for longer tenors of conventional hedging swaps to attract portfolio inflows.\n\nBI remains on hold in its monetary policy as long as IDR depreciation pressures remain contained. The bank will continue to monitor the situation closely and adjust its policy if needed. Overall, IDR stability will be BI's primary focus for the remainder of the year.",
  "summary": "Commerzbank’s Henry Hao and Moses Lim report that Bank Indonesia kept the BI Rate at 5.75% while expanding FX hedging incentives to support the Indonesian Rupiah. Governor Destry Damayanti signaled a preference for non-rate tools and incentive-based measures over SRBI yield hikes.",
  "key_points": [
    "Bank Indonesia prioritizes IDR stability over higher yields",
    "BI Governor Destry Damayanti explains non-rate tools will be used",
    "Central bank confident in 2026 GDP and inflation forecasts"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}