{
    "success": true,
    "data": {
        "id": 1883931,
        "msgid": "rupiah-weakens-to-rp18-009-amid-potential-fed-rate-hike-1785149823",
        "date": "2026-07-27 17:24:04",
        "title": "Rupiah weakens to Rp18,009 amid potential Fed rate hike",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Finance",
        "summary": "The Indonesian rupiah depreciated to Rp18,009 against the US dollar, influenced by market expectations of a hawkish Federal Reserve and potential interest rate hikes. The currency's decline was compounded by global supply chain disruptions and domestic uncertainty following the resignation of Bank Indonesia Governor Perry Warjiyo. The central bank's Jakarta Interbank Spot Dollar Rate also weakened to Rp17,995.",
        "content": "<p>Jakarta (ANTARA) - The rupiah exchange rate against the US dollar\nweakened by 46 points, or 0.26 per cent, at Monday\u2019s close to Rp18,009\nper US dollar, compared with the previous close of Rp17,963 per US\ndollar.<\/p>\n<p>Money market analyst Ibrahim Assuaibi attributed the rupiah\u2019s\nweakening to the potential for a Federal Reserve (The Fed) rate\nhike.<\/p>\n<p>\u201cThe potential for an increase remains limited because market\nsentiment is still tied to The Fed\u2019s narrative, which tends to be\nhawkish,\u201d he told ANTARA in Jakarta on Monday.<\/p>\n<p>According to the CME FedWatch Tool, the market now sees a 78 per cent\nchance of a rate hike in September 2026. Meanwhile, at the 28-29 July\n2026 meeting, The Fed is expected to keep interest rates unchanged.<\/p>\n<p>Another source of sentiment stems from supply chain disruptions\ncaused by the US war with Iran and the Houthi of Yemen against Saudi\nArabia, which have slowed the number of commodity-carrying ships passing\nthrough the Strait of Hormuz and the Strait of Bab el-Mandeb.<\/p>\n<p>Domestically, sentiment was influenced by the resignation of Perry\nWarjiyo from his post as Governor of Bank Indonesia. Senior Deputy\nGovernor Destry Damayanti will carry out the duties of Acting Governor\nuntil a definitive governor is appointed.<\/p>\n<p>Bank Indonesia\u2019s Jakarta Interbank Spot Dollar Rate (JISDOR) also\nweakened today to Rp17,995 per US dollar, from Rp17,973 previously.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/rupiah-weakens-to-rp18-009-amid-potential-fed-rate-hike-1785149823",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}