Jakarta. Rupiah remained stable amid global uncertainty, supported by Bank Indonesia’s ongoing stabilization efforts.

As of October 21, 2025, the rupiah stood at Rp 16,585 per US dollar, appreciating 0.45 percent point-to-point (ptp) from the end of September 2025. This marked a recovery after a 1.05 percent (ptp) depreciation in September due to heightened global uncertainty.

Bank Indonesia Executive Director for Communications Ramdan Denny Prakoso said the central bank had strengthened its stabilization policy through interventions in the spot and non-deliverable forward (NDF) markets, both offshore and onshore (DNDF), and through the purchase of Government Bonds (SBN) in the secondary market.

“These measures have yielded positive results, as reflected in the rupiah’s appreciation in October 2025,” Ramdan said in a written statement on Tuesday.

He added that increased foreign exchange conversions by exporters, following the implementation of stronger regulations on natural resource export proceeds (DHE SDA), also supported the currency’s stability.

“Going forward, the rupiah is expected to remain stable, supported by Bank Indonesia’s commitment to maintaining stability, attractive yields, low inflation, and a positive outlook for Indonesia’s economic growth,” he said.

Bank Indonesia reaffirmed its commitment to continue measured interventions in the spot, offshore NDF, and onshore NDF markets, along with secondary market purchases of government securities, to maintain currency stability.