Jakarta, June 9 -- Bank Indonesia (BI) Governor Perry Warjiyo has identified five macroeconomic and policy drivers expected to strengthen the rupiah exchange rate to a range of Rp16,800 to Rp17,500 per US dollar in 2027.

Speaking before the House of Representatives (DPR RI) Budget Committee in Jakarta on Tuesday, he revealed that this projected range has been officially incorporated into the Macroeconomic Framework and Fiscal Policy Principles (KEM-PPKF) for Fiscal Year 2027.

"There are five main factors underlying why the rupiah in 2027 will strengthen to around Rp16,800 to Rp17,500," he remarked.

The governor outlined the first factor as an improving global economy, with growth projected to rise to 3.1 percent. He expressed optimism ...