Jakarta, CNBC Indonesia \u2014 The rupiah opened weaker against the US\ndollar in trading on Friday (24\/7\/2026), ahead of the close of the\nweek\u2019s trading.<\/p>\n
According to Refinitiv, the rupiah opened depreciating 0.22% to\nRp17,930\/US.I<\/em>n<\/em>t<\/em>h<\/em>e<\/em>p<\/em>r<\/em>e<\/em>v<\/em>i<\/em>o<\/em>u<\/em>s<\/em>s<\/em>e<\/em>s<\/em>s<\/em>i<\/em>o<\/em>n<\/em>,\u2006t<\/em>h<\/em>e<\/em>G<\/em>a<\/em>r<\/em>u<\/em>d<\/em>a<\/em>c<\/em>u<\/em>r<\/em>r<\/em>e<\/em>n<\/em>c<\/em>y<\/em>c<\/em>l<\/em>o<\/em>s<\/em>e<\/em>d<\/em>0.08<\/span>.<\/p>\n Meanwhile, the US dollar index (DXY), which measures the greenback\u2019s\nstrength against six major world currencies, was down 0.06% at 101.392\nas of 09.00 WIB. This slight decline came after the DXY strengthened\n0.32% in Thursday\u2019s (23\/7\/2026) trading.<\/p>\n The rupiah\u2019s movement heading into the weekend remains shadowed by US\ndollar dynamics in the global market. Although slightly corrected this\nmorning, the DXY remains near its highest level in three weeks after\nbreaking back above the 101 mark.<\/p>\n The dollar\u2019s earlier strength was underpinned by a surge in oil\nprices and rising US Treasury yields. Both sentiments have revived\nconcerns that global inflationary pressures will persist for longer.<\/p>\n Global oil prices at Thursday\u2019s (23\/7\/2026) close broke back above\nUS$100 per barrel for the first time since May. The increase came after\nYemen\u2019s Houthi group attacked two Saudi Arabian oil tankers in the Red\nSea.<\/p>\n The attack means the war in the Middle East has begun to threaten two\nof the world\u2019s main oil trade routes at once, namely the Strait of\nHormuz and the Bab el-Mandeb Strait. US President Donald Trump has also\npromised major military punishment against Iran and the Houthi\ngroup.<\/p>\n Inflationary pressure has also come from US trade policy. The Trump\nadministration will impose new tariffs of 10% and 12.5% on goods from 60\ntrading partners accused of being weak in enforcing bans on the use of\nforced labour.<\/p>\n Indonesia is among the group of countries subject to a 10% tariff.\nThe tariff also applies to goods from several other countries, such as\nIndia, Malaysia, Canada, the United Kingdom, Mexico, Pakistan, and\nBangladesh.<\/p>\n The new tariffs replace the temporary 10% global tariff that expires\nthis Friday. The US government previously asserted that for countries\nthat already have trade agreements with Washington, the tariffs will not\ncause import duties to exceed the agreed limits.<\/p>\n Rising oil prices and global trade tensions have reignited concerns\nabout inflation. This has driven up US Treasury yields and kept the\nappeal of US dollar-denominated assets intact, which in turn could limit\nroom for other currencies to strengthen, including the rupiah.<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/rupiah-opens-weaker-at-rp17-930-per-us-dollar-amid-strong-greenback-1784861478",
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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