The rupiah strengthened against the US dollar at the opening of\ntrading on Monday (12 October 2026). It rose by 5 points, or 0.03%, to\nRp17,894 per US dollar, compared with the previous session\u2019s closing\nlevel of Rp17,899.<\/p>\n
The early-week gain extended the rupiah\u2019s positive movement at the\nend of the previous week. At the close of trading on Friday (9 October\n2026), the currency had strengthened by 26 points, or 0.09%, to Rp17,899\nper US dollar from the previous close of Rp17,915.<\/p>\n
Despite its gains, the rupiah remains affected by a range of domestic\nand external factors. Domestic consumption, developments in foreign\nexchange reserves and the direction of US monetary policy are among the\nissues market participants need to watch.<\/p>\n
Muhammad Amru Syifa, from the Research and Development division of\nthe Indonesia Commodity & Derivatives Exchange (ICDX), said the\nrupiah\u2019s appreciation at the end of last week was partly influenced by\nthe Consumer Confidence Index (CCI) for September 2026, which remained\nin optimistic territory.<\/p>\n
Bank Indonesia\u2019s consumer survey, released on Thursday (8 October\n2026), recorded the September CCI at 118.1. This was slightly lower than\nAugust\u2019s 118.5, but remained above the 100 threshold that indicates\nconsumer optimism.<\/p>\n
\u201cBank Indonesia\u2019s consumer survey released on Thursday (8 October)\nshowed the September Consumer Confidence Index at 118.1, down from 118.5\nin the previous month. Although it eased slightly, the index remained in\noptimistic territory because it was above 100,\u201d he said.<\/p>\n
Consumer optimism is one indicator attracting attention because it is\nlinked to public perceptions of economic conditions and the outlook for\nconsumption. Nevertheless, domestic consumption and upcoming economic\nindicators need to be monitored to assess the strength of domestic\ndemand.<\/p>\n
Another factor in focus for the market is Indonesia\u2019s foreign\nexchange reserves. At the end of September 2026, reserves stood at\nUS$146.3 billion, down US$200 million from US$146.5 billion in August\n2026.<\/p>\n
Although reserves declined, they remained equivalent to 5.3 months of\nimports, or 5.2 months of imports and government external debt\nservicing. This is above the international adequacy benchmark of around\nthree months of imports, providing a buffer to meet external obligations\nand withstand pressure in global financial markets.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/rupiah-strengthens-again-us-dollar-exchange-rate-on-monday-12-october-2026-1791777103", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }