{
    "success": true,
    "data": {
        "id": 1783571,
        "msgid": "rupiah-breaches-rp18-000-per-dollar-amid-global-and-domestic-pressures-1780547053",
        "date": "2026-06-04 09:31:54",
        "title": "Rupiah breaches Rp18,000 per dollar amid global and domestic pressures",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Economy",
        "summary": "The Rupiah has weakened against the US dollar, reaching Rp18,015, its lowest level in recent times, due to rising geopolitical tensions in the Middle East and unfavourable domestic sentiment. Analysts predict further weakening, but anticipate potential intervention by Bank Indonesia to stabilise the exchange rate.",
        "content": "<p>The Rupiah is expected to weaken against the strengthening US dollar\namid rising geopolitical tensions in the Middle East.<\/p>\n<p>Jakarta (ANTARA) - The Rupiah\u2019s exchange rate against the US dollar\ncame under pressure again, falling 0.27 per cent to breach Rp18,015 per\nUS dollar in trading on Thursday morning.<\/p>\n<p>This level is one of the Rupiah\u2019s weakest positions in recent times,\nmarking the currency\u2019s approach to a new psychological threshold of\nRp18,000 per US dollar.<\/p>\n<p>Currency analyst Lukman Leong of Doo Financial Futures assessed that\nthis weakening reflects strong external pressures amid increasing global\nuncertainty, coupled with still unfavourable domestic sentiment.<\/p>\n<p>\u201cThe Rupiah is expected to weaken against the strengthening US dollar\namid rising geopolitical tensions in the Middle East,\u201d Lukman told\nANTARA in Jakarta on Thursday.<\/p>\n<p>In addition, several US economic data released were better than\nmarket expectations, further strengthening the US currency.<\/p>\n<p>US employment data and the Institute for Supply Management (ISM)\nservices sector activity index, which showed stronger performance than\nexpected, increased optimism about the US economy.<\/p>\n<p>The combination of these factors has increased demand for the US\ndollar and put pressure on emerging market currencies, including the\nRupiah.<\/p>\n<p>Meanwhile, domestic market sentiment is also considered not strong\nenough to support the Rupiah\u2019s movement.<\/p>\n<p>However, Lukman expects the Rupiah\u2019s weakening to be potentially\ncontained by stabilisation measures taken by Bank Indonesia (BI). With\nthe exchange rate returning to approach a new psychological level, the\ncentral bank is expected to increase the intensity of intervention in\nthe financial market to maintain exchange rate stability.<\/p>\n<p>\u201cWith still poor domestic sentiment, but approaching a new\npsychological level, Bank Indonesia is likely to intervene\naggressively,\u201d he added.<\/p>\n<p>With this analysis, Lukman expects the Rupiah\u2019s movement to remain\nvolatile in the range of Rp17,900 - Rp18,050 per US dollar.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/rupiah-breaches-rp18-000-per-dollar-amid-global-and-domestic-pressures-1780547053",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}