Business · Markets · 4 hrs ago
Indonesia’s Deputy Minister Says Firms Can Manage Rupiah Weakness
Indonesia’s Deputy Coordinating Minister for Economic Affairs Dradjad Wibowo says companies can manage a weaker rupiah through their own risk planning.
He made the comments in Jakarta on Thursday.
No company has so far suffered a major shock, according to the conditions reported to the government.
Companies’ exposure differs depending on their business, and firms using imported materials may face different pressures from others.
Exporters may benefit when the rupiah weakens because they earn money in foreign currencies.
But they may also need to pay for imported goods and materials, so the effect is not always straightforward.
Companies are still absorbing the currency impact through risk management, and Dradjad did not describe any further government action.
Indonesia's Deputy Coordinating Minister for Economic Affairs Dradjad Wibowo said companies can manage risks from a weaker rupiah.
He said no company had so far suffered a major shock from currency movements.
Companies had accounted for rupiah movements at different levels and used their own risk management, he said.
Export-oriented companies may benefit from a weaker rupiah, but their reliance on imported goods also matters.
Dradjad spoke at the Coordinating Ministry for Economic Affairs office in Jakarta on November 12.
- Who
- Deputy Coordinating Minister for Economic Affairs Dradjad Wibowo.
- What
- He said Indonesian companies could manage risks from rupiah weakness, and no company had so far been badly shaken.
- When
- November 12, 2026.
- Where
- The Coordinating Ministry for Economic Affairs office in Jakarta.
- Why
- Companies had factored in rupiah movements and managed the risks, though exposure varies by business.
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- Speaker
- Dradjad Wibowo
- Position
- Deputy Coordinating Minister for Economic Affairs
- Date
- November 12, 2026
- Location
- Jakarta
- Company impact
- No company had so far been very badly shaken by currency movements
- Exporters
- May benefit from rupiah weakness, while also relying on imported goods
What people are saying
So far, they have factored in the rupiah at a certain level; each company is different, so they have mitigated the risk. So far, none have been very badly shaken. So far, it can still be absorbed by their risk management.
Exporters benefit if the rupiah plunges.