Investors postpone investment due to rupiah`s depreciation: BKPM

Several investors have put their investment plans on hold due to the rupiahs depreciation against the US dollar, according to Chief of the Investment Coordinating Board (BKPM) Thomas Trikasih Lembong.

However, the postponement does not mean that they will cancel their investment plans, he remarked on the sidelines of the Investment Award 2018 here on Thursday.

I think if they cancel (the investment plans), the rupiahs exchange rate will not be the cause of the cancellation. Normally, they cancel investment plans, as they choose other countries as our competitors, he pointed out.

If the trend of investment weakens when the rupiah depreciates against the dollar, the investors will surely put their investment plans on hold until the situation is more stable, he explained.

Investment slows down due to postponement, he noted.

Although the postponement will not have a significant impact on the related investors, it will significantly affect the governments efforts to achieve the investment target, he stated.

We will publish the realization of investment quarterly. If large investors postpone their investment plans until six months, for us, the quarterly figures could be very large, he noted.

The appreciation of the US dollar has put pressure not only on the rupiah but also on the currencies of several developing nations.

Since the trade war began, the currencies of all developing countries, including Argentina, Turkey, Pakistan, India, the Philippines and Indonesia, have come under high pressure, he added.


Source :

Jul 14, 2018

Bank note current rate:
  currency buy sell
USD 14,850 0
AUD 9,400 0
HKD 1,775 0
SGD 10,775 0
MYR 3,025 0
CAD 10,875 0
GBP 18,500 0
EURO 15,850 0
SFR 16,600 0
YEN 99.25 0
NZD 8,575 0
THB 350 0
NT 375 0
WON 10 0
DKK 1,835 0
SEK 1,125 0
BND 10,650 0
NOK 1,185 0
SAR 3,700 0
PHP 200 0
RMB 1,950 0
INR 125 0
RUB 80 0
AED 3,750 0
VND 0.42 0
   Last Updated :22 Sep 2023 - 04:35 PM
These are indicative rates. For actual exchange rates, please visit or call our outlets at (0361) 4741 940. We reserve the right to change the rates at any time without prior notice.
Currency Converter

Please Note :
Central Kuta does not sell foreign currencies in small denominations. Please Contact us for further information.