{
    "success": true,
    "data": {
        "id": 1632718,
        "msgid": "rupiah-closes-stronger-this-afternoon-what-is-the-projection-for-tomorrow-1774356677",
        "date": "2026-03-24 19:02:41",
        "title": "Rupiah Closes Stronger This Afternoon: What is the Projection for Tomorrow?",
        "author": "Sakina Rakhma Diah Setiawan",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Finance",
        "summary": "The Indonesian rupiah strengthened against the US dollar on Tuesday, closing at Rp16,898 per dollar in the spot market, buoyed by a 0.58% appreciation, though Bank Indonesia's reference rate saw a modest 0.04% gain. Analysts anticipate potential weakening tomorrow due to shifting market sentiments towards risk-off amid global oil price fluctuations and US policy uncertainties, with projections ranging from Rp16,850 to Rp17,075 per dollar. Bank Indonesia's decision to maintain its benchmark interest rate at 4.75% aims to stabilise the currency while supporting economic growth, highlighting the rupiah's vulnerability to both domestic monetary policy and international factors.",
        "content": "<p>JAKARTA - The rupiah exchange rate in the spot market strengthened\nagainst the US dollar during trading on Tuesday (24\/3\/2026). Citing\nBloomberg, the Garuda currency appreciated by 99 points or 0.58 percent\nto the level of Rp16,898 per US dollar. Meanwhile, based on Bank\nIndonesia\u2019s reference rate (Jisdor), the rupiah also strengthened\nslightly by 0.04 percent to the position of Rp16,898 per US dollar.\nMeanwhile, global oil prices also showed sharp movements, although they\nare currently tending lower. This situation makes the market optimism\nthat briefly emerged after the statement from US President Donald Trump\nunlikely to last long. With the potential return of market concerns,\nsentiment has shifted back towards risk-off, where investors tend to\navoid risky assets and switch to safer instruments. In this situation,\nthe rupiah exchange rate is expected to face pressure and potentially\nweaken against the US dollar, with movements in the range of Rp16,850\nper US dollar during trading on Wednesday (25\/3\/2026). In line with\nthis, currency and commodity analyst Ibrahim Assuaibi assessed that the\nrupiah\u2019s movement is also influenced by domestic interest rate policies.\nAccording to him, Bank Indonesia\u2019s decision to maintain the benchmark\ninterest rate at 4.75 percent in this month\u2019s Board of Governors Meeting\n(RDG) aims to maintain exchange rate stability while supporting economic\ngrowth. Ibrahim projected that the rupiah during Wednesday\u2019s trading\nwill move in the range of Rp16,990 to Rp17,075 per US dollar.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/rupiah-closes-stronger-this-afternoon-what-is-the-projection-for-tomorrow-1774356677",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}