{
    "success": true,
    "data": {
        "id": 1761522,
        "msgid": "rupiah-forecast-to-hit-rp-18-000-per-us-dollar-next-week-1780353627",
        "date": "2026-05-24 17:30:00",
        "title": "Rupiah forecast to hit Rp 18,000 per US dollar next week",
        "author": "Aprillia Ika",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Economy",
        "summary": "The Indonesian rupiah is forecast to weaken to Rp 18,000 per US dollar next week amid sustained US dollar strength and concerns over the government\u2019s new centralised export policy. International credit rating agency S&P Global Ratings has flagged the policy\u2019s potential to reduce exports and government revenue, risking a fiscal deficit nearing 3% and a possible downgrade of Indonesia\u2019s credit rating.",
        "content": "<p>The rupiah\u2019s exchange rate in the spot market is forecast to face\nheavy pressure. The Indonesian currency could weaken to Rp 18,000 per US\ndollar next week.<\/p>\n<p>The rupiah\u2019s depreciation aligns with the projected US dollar index\nremaining above 100 in the final week of May 2026.<\/p>\n<p>Currency and Commodities Analyst Ibrahim Assuaibi stated that the\nrupiah\u2019s movement is still under external pressure, mainly from the US\ndollar\u2019s strengthening in global markets.<\/p>\n<p>\u201cThe rupiah is likely to reach Rp 18,000 per US dollar next week,\u201d\nIbrahim told reporters on Sunday (24 May 2026).<\/p>\n<p>This situation signals that the US dollar is likely to continue\nstrengthening as it has in recent weeks.<\/p>\n<p>\u201cThe support level is likely around 97.600, while resistance is at\n101.00. That\u2019s the indication. So the forecast, as in recent weeks, is\nfor continued strengthening,\u201d he added.<\/p>\n<p>The US dollar\u2019s strengthening is expected to exert additional\npressure on emerging market currencies, including the rupiah. When the\nUS dollar index rises, foreign capital tends to flow towards\ndollar-denominated assets considered safer.<\/p>\n<p>Ibrahim noted that the rupiah\u2019s weakness is influenced by both\ninternal and external factors, including international market reactions\nto President Prabowo Subianto\u2019s speech during the DPR RI plenary session\non Wednesday (20 May 2026).<\/p>\n<p>The President\u2019s speech on the 2027 State Budget\u2019s Macroeconomic\nFramework and Fiscal Policy Guidelines (KEM-PPKF) has drawn\ninternational attention, including from S&amp;P Global Ratings.<\/p>\n<p>S&amp;P Global Ratings highlighted Indonesia\u2019s plan to centralise\ncommodity exports could suppress exports, reduce government revenue, and\naffect the country\u2019s balance of payments.<\/p>\n<p>The single-channel commodity export agency was first announced by\nPresident Prabowo Subianto in his DPR speech. It is named PT Danantara\nSumberdaya Indonesia (DSI).<\/p>\n<p>DSI will be tasked with purchasing all export commodities from\ndomestic companies before selling them to overseas buyers. Currently,\nthe mandated commodities are coal, palm oil (CPO), and iron alloys or\nfero alloys.<\/p>\n<p>\u201cInternally, the President\u2019s speech at the DPR was also reviewed by\ninternational rating agencies, including S&amp;P Global, which is likely\nto downgrade Indonesia\u2019s credit rating,\u201d Ibrahim told reporters on\nFriday afternoon.<\/p>\n<p>\u201cWhy? Because the widening fiscal deficit, approaching 3%, is a key\nreason S&amp;P may lower the rating,\u201d he added.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/rupiah-forecast-to-hit-rp-18-000-per-us-dollar-next-week-1780353627",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}