Jakarta \u2014 The rupiah\u2019s exchange rate weakened again in spot market\ntrading on the morning of Wednesday 11 March 2026. The rupiah opened at\nRp 16,900 per US dollar, representing a 0.08 per cent depreciation\ncompared to the previous day\u2019s closing position of Rp 16,886 per dollar.\nThe rupiah\u2019s weakness occurred as the majority of Asian regional\ncurrencies also moved into negative territory. The Philippine peso\nrecorded the deepest depreciation in Asia, declining 0.65 per cent,\nfollowed by the Malaysian ringgit, which weakened 0.19 per cent, and the\nSouth Korean won, which declined 0.16 per cent. The New Taiwan dollar\nfell 0.05 per cent, whilst the Singapore dollar dropped 0.04 per cent.\nThe Chinese yuan weakened marginally by approximately 0.006 per cent\nagainst the US dollar. In contrast, the Japanese yen achieved the\nstrongest gains in Asia, appreciating 0.05 per cent against the US\ndollar, whilst the Hong Kong dollar also strengthened slightly by 0.01\nper cent.<\/p>\n
Currency analyst Lukman Leong of Doo Financial Futures estimated that\nthe rupiah would remain under pressure against the US dollar amid\nrenewed market concerns regarding potential disruptions to global crude\noil supplies. These concerns have intensified as the conflict in the\nMiddle East has triggered uncertainty about the stability of global\nenergy distribution routes, particularly in regions that serve as major\noil trading hubs.<\/p>\n
\u201cThe rupiah is expected to weaken against the US dollar amid renewed\nconcerns about disruptions to global crude oil supplies,\u201d Lukman told\nKompas.com. Rising energy prices typically strengthen the US dollar, as\nglobal investors tend to seek safer assets.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/rupiah-still-under-pressure-weakens-to-around-rp-16-900-per-us-dollar-in-early-morning-trading-1773291269", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }