{
    "success": true,
    "data": {
        "id": 1609892,
        "msgid": "rupiah-still-under-pressure-breaching-rp-16-900-per-us-dollar-1773373977",
        "date": "2026-03-13 09:57:33",
        "title": "Rupiah Still Under Pressure, Breaching Rp 16,900 Per US Dollar",
        "author": "Erlangga Djumena",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Finance",
        "summary": "The Indonesian rupiah weakened to Rp 16,924 per US dollar on Friday (13 February 2026) due to surging global oil prices, which briefly exceeded $100 per barrel following reports of attacks on tankers near Iraq and threats to the Strait of Hormuz. The resulting inflation concerns and expectations of more aggressive central bank monetary policies have triggered currency and commodity market volatility, whilst markets await US PCE inflation data for guidance on Federal Reserve policy direction.",
        "content": "<p>Jakarta \u2014 The Indonesian rupiah came under renewed pressure at the\nopening of spot market trading on Friday (13 February 2026).<\/p>\n<p>According to Bloomberg data at 09:53 WIB, the rupiah weakened 0.18\nper cent to Rp 16,924 per US dollar.<\/p>\n<p>Currency and commodities analyst Ibrahim Assuaibi attributed the\ncurrency pressure to a sharp surge in global oil prices during\nThursday\u2019s trading, after breaching the psychological threshold of $100\nper barrel.<\/p>\n<p>\u201cOil prices surged sharply on Thursday, rising above $100 per barrel\nfollowing media reports that two international oil tankers had been\nstruck near Iraq,\u201d Ibrahim stated.<\/p>\n<p>The strategic shipping route represents the distribution channel for\napproximately one-fifth of global oil supplies.<\/p>\n<p>\u201cOther reports indicate that Oman is evacuating its main oil export\nterminal, whilst Iran appears to be blocking the Strait of Hormuz, the\nmain supply route for approximately one-fifth of the world\u2019s oil,\u201d he\nexplained.<\/p>\n<p>The rise in oil prices has triggered market concerns about potential\nlong-term inflation increases.<\/p>\n<p>This situation has also heightened worries that global central banks\nmay adopt more aggressive monetary policies in the coming months.<\/p>\n<p>Mixed signals regarding the Iran conflict have also driven volatility\nin commodity markets, including metals, throughout the week.<\/p>\n<p>US President Donald Trump and several other officials have stated on\nmultiple occasions that the Iran conflict is approaching an end,\nalthough tensions between the United States, Israel, and Iran remain\nongoing.<\/p>\n<p>Meanwhile, US consumer price index (CPI) inflation data for February,\nreleased in line with market expectations, has proven insufficient to\nalleviate concerns about future price pressures, particularly those\ndriven by surging energy prices.<\/p>\n<p>Market participants are now awaiting the release of personal\nconsumption expenditures (PCE) price index data, scheduled for\nFriday.<\/p>\n<p>This figure represents the principal inflation indicator guiding\nFederal Reserve monetary policy and is expected to provide clearer\ninsight into the direction of long-term inflation.<\/p>\n<p>Domestically, Indonesia\u2019s state budget (APBN) performance through\nFebruary 2026 has shown positive developments in both revenue and\nexpenditure aspects.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/rupiah-still-under-pressure-breaching-rp-16-900-per-us-dollar-1773373977",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}