Rupiah weakens as government prepares special policies for Aceh and Sumatra recovery

The rupiah exchange rate against the US dollar weakened slightly in Monday morning trading, as the government prepares special economic policy packages for recovery in Aceh, North Sumatra, and West Sumatra post-disaster. These policies align with President Prabowo Subianto's directives and are expected to be announced next week. The stimulus packages aim to maintain economic stability in the affected areas.

At 09:06 WIB on Monday, December 15, 2025, the rupiah traded at Rp16,651 per US dollar in the spot market, weakening by 5 points or 0.03 percent from the previous level of Rp16,646. Meanwhile, according to BI's Jisdor data on Friday, December 12, 2025, the rupiah rate stood at Rp16,652, strengthening 16 points from Rp16,668 on the previous Thursday.

Economist Ibrahim Assuaibi stated that the government is preparing special economic policies for post-disaster recovery in Aceh, North Sumatra, and West Sumatra. This initiative follows directives from President Prabowo Subianto. Among the prepared packages are write-offs and restructuring for Kredit Usaha Rakyat (KUR) debtors to prevent increases in credit guarantee claims. The Financial Services Authority (OJK) will issue supporting regulations.

Additionally, relief measures for affected workers and companies include waiving BPJS Ketenagakerjaan contribution debts and fines. The claims process is being streamlined for benefits such as Old Age Security (JHT), Death Benefit (JKM), Work Accident Benefit (JKK), and Pension Benefit (JP). The official announcement of these policy packages is scheduled for next week, with stimuli expected to boost local economic recovery.

Assuaibi predicted the rupiah would fluctuate but trend weaker in the range of Rp16,640 to Rp16,700. External factors, such as the rise in US initial jobless claims to 236,000 for the week ending December 6, also contributed to the dollar's weakening.

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Illustration of weakening Rupiah notes and dollars with Bank Indonesia building, showing declining exchange rate to 17,668 per USD.
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Rupiah weakens to Rp17,668 per US dollar amid stabilization efforts

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The rupiah closed weaker at Rp17,668 per US dollar on Monday, May 18, 2026. The government and Bank Indonesia have taken steps to maintain stability of the currency.

The rupiah reached Rp17,500 per US dollar on Tuesday, May 12, 2026. The pressure stems from a mix of global and domestic factors.

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Bank Indonesia has launched seven strategies to maintain rupiah stability amid global pressures, with the currency hitting Rp17.400 per US dollar. The measures received approval from President Prabowo Subianto following a meeting at the Presidential Palace on May 5, 2026. BI Governor Perry Warjiyo highlighted sufficient foreign reserves for market interventions.

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