Bank Indonesia rupiah bills outstanding rise sharply

9 articles · Updated · Bloomberg · May 11

SRBI outstanding rose 126.70 trillion rupiah, or $7.3 billion, in April to 957.91 trillion rupiah, central bank data released on 9 May showed.
The increase was the biggest monthly jump since July 2024, underscoring Bank Indonesia's efforts to draw capital inflows.
The move aims to support the weakening rupiah, using central bank bills as a tool to bolster demand for Indonesian assets.

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