Jakarta, CNBC Indonesia \u2013 The rupiah opened stronger against the US\ndollar on Monday (12 October 2026).<\/p>\n
Refinitiv data showed the currency began trading up 0.08%,\nappreciating to Rp17,860 per US dollar.<\/p>\n
The gain extended the rupiah\u2019s movement at the end of last week. On\nFriday (9 October 2026), it closed 0.08% higher at Rp17,875 per US\ndollar, although that was a smaller gain than its 0.20% rise at the\nopen, when it stood at Rp17,855 per US dollar.<\/p>\n
Meanwhile, the US Dollar Index (DXY), which measures the greenback\nagainst six major currencies, was down 0.12% at 102.130 at 9am Western\nIndonesian Time (WIB).<\/p>\n
The dollar index\u2019s decline gave the rupiah room to extend its gains\nin early trading. However, the DXY\u2019s continued position above 102\nindicated that the US dollar remained relatively strong in global\nmarkets.<\/p>\n
Amid continued global uncertainty, Bank Indonesia (BI) has reiterated\nits readiness to intervene more aggressively to maintain rupiah\nstability.<\/p>\n
BI Governor Destry Damayanti said the central bank could take such\naction if renewed pressure from global markets affected the domestic\nexchange rate.<\/p>\n
\u201cIf we need to intervene more boldly, we will, because we can see\nthat the main source of this volatility is largely global,\u201d Destry said\non CNBC Indonesia\u2019s Central Banking programme, as quoted on Friday (9\nOctober 2026).<\/p>\n
Destry explained that ongoing tensions in the Middle East could still\ndrive oil prices higher. This could strengthen the US dollar while\nadding pressure on the rupiah.<\/p>\n
However, she said the domestic economy was currently relatively more\nmanageable. One source of support was Indonesia\u2019s trade balance, which\nrecorded a surplus of US$3.3 billion.<\/p>\n
\u201cDomestically, things are relatively more manageable. For example,\nour trade balance recorded a surplus of as much as US$3.3 billion, a\nsignificant jump. But it was also expected, because commodity prices\nrose substantially, boosting our commodity exports,\u201d Destry said.<\/p>\n
BI will also continue to monitor the currencies of countries in the\nregion with characteristics broadly similar to Indonesia\u2019s, including\nthe Philippine peso and Thai baht.<\/p>\n
\u201cUltimately, everyone compares one country with another. We look at\nhow other currencies are performing \u2013 for example, the Philippine peso\nand the Thai baht \u2013 at least in countries whose characteristics are\nbroadly similar to ours,\u201d Destry said.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/rupiah-opens-higher-as-us-dollar-falls-to-rp17-860-1791773493", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }