Rupiah Weakens Against Dollar
Past coverage from 0 countries ยท Last active Jun 15, 2026
This topic isn't active right now. Last covered Jun 15, 2026. See today's headlines.
The Indonesian rupiah is nearing 18,000 against the US dollar, driven by rising global oil prices and fears of a widening deficit. Officials urge the public to sell dollars to support the rupiah, while debunking claims that Indonesia is abandoning the US dollar.
Rupiah Strengthens, Investor Confidence Shows Signs of Recovery
- Indonesia's Rupiah is projected to strengthen further, potentially reaching 17,500 against the US dollar, as market confidence in the nation's fiscal and monetary policies grows. - This potential strengthening is attributed to improved expectations regarding Indonesia's economic policies, supported by the central bank's interest rate hikes and fiscal adjustments. - Recent fiscal measures, includโฆ
US-Iran peace hopes boost Rupiah
- The Indonesian Rupiah strengthened by 0.46% to Rp 17,778 per US dollar on Monday, June 15, 2026, driven by hopes for peace in the Middle East. - Analysts attribute the Rupiah's gain to increased optโฆ
Indonesia, China Ink Currency Deal to Boost Rupiah and Trade
- Indonesia's Vice Speaker of Parliament, Sufmi Dasco Ahmad, praised the cooperation between Bank Indonesia (BI) and the People's Bank of China (PBOC). - The Bilateral Currency Swap Arrangement (BCSA)โฆ
Indonesian Deputy Speaker Applauds Bank Indonesia's Efforts to Strengthen Rupiah
- Deputy Speaker of the Indonesian House of Representatives, Sufmi Dasco Ahmad, praised Bank Indonesia's efforts to strengthen the rupiah. - A key measure includes a Bilateral Currency Swap Arrangemenโฆ