{
    "success": true,
    "data": {
        "id": 1575997,
        "msgid": "rupiah-exchange-rate-closes-weaker-by-28-points-on-27-february-2026-1772204483",
        "date": "2026-02-27 20:00:00",
        "title": "Rupiah Exchange Rate Closes Weaker by 28 Points on 27 February 2026",
        "author": "Wisnu Arto Subari",
        "source": "MEDIA_INDONESIA",
        "tags": "",
        "topic": "Finance",
        "summary": "The Indonesian rupiah weakened by 28 points (0.17%) to close at Rp16,787 per US dollar on 27 February 2026, driven by escalating geopolitical tensions between Iran and the United States as well as uncertainty surrounding US economic policy and trade tariffs. Negative sentiment also stemmed from high US tariffs (104.38%) on Indonesian solar panels and cells, which threatens renewable energy exports and dampens the rupiah's stability in the spot market.",
        "content": "<p>The rupiah weakened by 28 points, or approximately 0.17%, closing at\nRp16,787 per US dollar during trading in Jakarta on Friday 27 February\n2026. This represented a decline from the previous close of Rp16,759 per\nUS dollar.<\/p>\n<p>The currency weakness was also mirrored in Bank Indonesia\u2019s Jakarta\nInterbank Spot Dollar Rate (JISDOR), which moved weaker to Rp16,779 per\nUS dollar from the previous level of Rp16,758 per US dollar.<\/p>\n<p>Money market observer Ibrahim Assuaibi attributed the rupiah\u2019s\ndepreciation to rising geopolitical tensions between Iran and the United\nStates. Washington was reported to be deploying more naval vessels to\nthe Middle East as a military threat if Tehran rejected a nuclear\nagreement. Discussions regarding Tehran\u2019s nuclear ambitions concluded on\nThursday 26 February without a clear agreement, adding to market\nuncertainty. Although both sides signalled they would resume\nnegotiations in Vienna the following week, market participants remained\ncautious.<\/p>\n<p>Beyond geopolitical concerns, uncertainty surrounding the US economy\nalso weighed on the rupiah. Following the US Supreme Court\u2019s decision to\noverturn portions of President Donald Trump\u2019s trade tariffs, a new\ntariff announcement emerged under a different legal framework. This\nsparked concerns about further global economic disruption from these\nimport duties.<\/p>\n<p>From a monetary policy perspective, markets reassessed the Federal\nReserve\u2019s policy trajectory. Persistently high inflation shifted\nexpectations for interest rate cuts downward.<\/p>\n<p>Domestically, negative sentiment arose from US trade policy targeting\nIndonesian products. The United States formally imposed retaliatory\ntariffs on solar cells and panels imported from Indonesia, with general\nsubsidy rates reaching 104.38%. This exceptionally high tariff was\npredicted to suppress export performance in Indonesia\u2019s renewable energy\nsector to the American market, ultimately creating negative sentiment\ntowards the stability of the rupiah\u2019s exchange rate in the spot\nmarket.<\/p>\n<p>Separately, the rupiah faced pressure amid rising yields on 10-year\nState Securities (SBN), which breached the 6.45% level during trading on\nFriday 20 February.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/rupiah-exchange-rate-closes-weaker-by-28-points-on-27-february-2026-1772204483",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}