Jakarta (ANTARA) – Finance Minister Purbaya Yudhi Sadewa said he believes the weakening rupiah exchange rate does not reflect Indonesia's deteriorating economic fundamentals.In fact, the domestic economy remains relatively strong compared to other countries in the region, he claimed.”But for me, this is not a sign of deterioration or triggered by a worsening domestic economy. Compared to other countries, we are still strong. Even compared to Malaysia, Thailand, and others, we are still strong,” he said at a media briefing in Jakarta on Friday.He explained that the rupiah's weakening is largely influenced by global factors and market expectations.Purbaya stated the government will continue to strive to reduce disruptions or 'noise' that trigger negative perceptions of the Indonesian economy.Among the measures to be carried out is closing potential leaks in the tax system as well as ensuring policies are implemented more effectively.A number of issues that have caused controversy, including certain tax policies, have also been streamlined to reduce market uncertainty, he noted.Furthermore, the State Treasurer emphasized the importance of managing public and market player expectations.According to him, the circulating negative sentiment could worsen perceptions of the rupiah, even though the fundamentals of the economy have not changed.”The foundation of our economy has not changed. In fact, it will grow faster because we will be more serious about fixing the obstacles in the economy,” Purbaya affirmed.The rupiah exchange rate weakened by 108 points, or 0.63 percent, to Rp17,289 per US dollar on Thursday morning (April 23), slipping from its previous close of Rp17,181.On Friday, the rupiah exchange rate was recorded to have strengthened by 57 points, or 0.33 percent, to Rp17,229 per US dollar.