Jakarta, June 4 -- The rupiah's depreciation beyond Rp18,000 per US dollar has not disrupted the government's ability to service its debt, Finance Minister Purbaya Yudhi Sadewa said.

Speaking to reporters at the Parliamentary Complex in Jakarta on Thursday, Purbaya explained that government debt carries fixed-rate coupons, limiting the impact of exchange rate fluctuations on debt servicing.

However, he acknowledged that a weaker rupiah increases interest payments on government debt denominated in foreign currencies.

Nevertheless, Purbaya said the current movement of the rupiah remains within the government's projections.

"The coupons are constant. Debt servicing is done through the coupons. A weaker rupiah only increases the payment a...