Inp.polri.go.id - Jakarta. A viral video circulating on Facebook claiming that Indonesia has completely halted the use of the US dollar in favor of the Chinese yuan has been debunked as a hoax. 

The misleading post further alleged that Minister of Finance Purbaya Yudhi Sadewa orchestrated the shift by issuing Panda Bonds specifically to replace the American currency.

A factual review of the claims shows a distinct distortion of standard macroeconomic policies. While local currency settlement agreements exist to reduce reliance on single currencies globally, no official policies or credible financial reports indicate that Indonesia is abandoning the US dollar or fully transitioning its international reserves to the yuan.

Bank Indonesia reaffirmed that the US dollar remains the dominant currency for the nation's international trade transactions. 

Addressing the rumors, Finance Minister Purbaya Yudhi Sadewa clarified that the issuance of Panda Bonds, which are yuan-denominated bonds issued by foreign borrowers in mainland China, is not an attempt to swap currencies. Instead, it serves as a routine diversification strategy for state financing, ensuring the State Revenue and Expenditure Budget (APBN) remains resilient by not relying on a single financial source.

(mg/sy/pr/rs)