Bank Indonesia Governor Perry Warjiyo conducted a lengthy investor call on June 9, 2026, to clarify the central bank’s recent surprise rate hike and indicate a willingness to allow bond yields to rise to stabilize the rupiah [1, 2]. The call lasted roughly 90 minutes and included more than 200 investors dialing in from the US and Europe [1, 2]. Following this, on June 10, a separate call was hosted for Asian investors, drawing over 180 participants [1, 2].
Warjiyo explained that Bank Indonesia would stop buying bonds with maturities of 10 years or longer. Instead, it plans to manage liquidity by reopening repurchase facilities and reducing hedging costs for foreign investors, aiming to foster a balanced market environment [1, 2]. The governor said the call intended to reassure investors and boost confidence, stating Indonesia’s economic outlook remains positive and the central bank is "going all out" with policy tools while maintaining close coordination with fiscal authorities [1].
The central bank has raised rates by a total of 75 basis points over three weeks in June 2026. Analysts now expect a possible further 25 basis point hike at the next policy meeting on June 18 [1, 2]. These moves respond to pressures on the rupiah, which had plunged to a record low before the hikes but strengthened to below 18,000 against the US dollar by June 10 following the announcements [1].
Governor Warjiyo’s investor calls were notable for their length and openness, with over 30 questions answered and the call extended close to midnight Jakarta time [1, 2]. The engagement underlines Bank Indonesia’s effort to maintain clear communication amid market volatility.
Bank Indonesia’s next policy meeting on June 18 will be closely watched for the likely additional rate hike that analysts forecast [1, 2].
