{ "success": true, "data": { "id": 1835742, "msgid": "us-dollar-nears-rp18-000-again-1782960660", "date": "2026-07-02 09:03:22", "title": "US Dollar Nears Rp18,000 Again", "author": "", "source": "CNBC", "tags": "", "topic": "Economy", "summary": "The Indonesian rupiah weakened further against the US dollar, approaching the psychological level of Rp18,000 per dollar. The depreciation was influenced by global market dynamics and stronger-than-expected domestic inflation data for June 2026.", "content": "

Jakarta, CNBC Indonesia - The rupiah exchange rate started trading\nwith a correction against the United States (US) dollar this morning.\nAccording to Refinitiv data, the Garuda currency weakened 0.17% at the\nopening of trading on Thursday (2\/7\/2026) to Rp17,960\/US,\u2006b<\/em>r<\/em>i<\/em>n<\/em>g<\/em>i<\/em>n<\/em>g<\/em>i<\/em>t<\/em>c<\/em>l<\/em>o<\/em>s<\/em>e<\/em>r<\/em>t<\/em>o<\/em>t<\/em>h<\/em>e<\/em>p<\/em>s<\/em>y<\/em>c<\/em>h<\/em>o<\/em>l<\/em>o<\/em>g<\/em>i<\/em>c<\/em>a<\/em>l<\/em>l<\/em>e<\/em>v<\/em>e<\/em>l<\/em>o<\/em>f<\/em>R<\/em>p<\/em>18,\u2006000\/U<\/em>S<\/em><\/span>.\nThis decline continued the pressure from the previous trading session.\nOn Wednesday (1\/7\/2026), the rupiah also closed down 0.31% at\nRp17,930\/US$. Meanwhile, the US dollar index (DXY), which measures the\ngreenback\u2019s strength against six major world currencies, was observed\nmoving steadily at 101.400 as of 09.00 Western Indonesia Time. The\nrupiah\u2019s movement today will still be influenced by the dynamics of the\nUS dollar in global markets. The greenback tends to be stable as market\nparticipants await the release of US labour data, namely nonfarm\npayrolls. This data is of concern because it can provide the latest\npicture of the US labour market conditions and the direction of the US\ncentral bank\u2019s or The Federal Reserve\u2019s (The Fed) interest rate policy.\nBased on the median estimate of economists compiled by Reuters, the\nnumber of US workers is expected to increase by 110,000 in June 2026.\nMeanwhile, the unemployment rate is expected to remain at 4.3%. Fed\nChair Kevin Warsh said on Wednesday that inflation expectations and\nprice risks have eased in recent weeks. On the other hand, the ADP\nreport showed that private sector employment absorption was still\nincreasing, although lower than expected. Nevertheless, the US dollar is\nstill supported by expectations of a Fed interest rate hike this year.\nThe relatively strong labour market also supports US economic growth\nprospects, especially after job creation in the last three months was\nrecorded higher than expected. Domestically, market participants are\nalso still observing Indonesia\u2019s inflation data released by the Central\nStatistics Agency (BPS) on Wednesday (1\/7\/2026). BPS announced that\nIndonesia\u2019s inflation was 0.44% month-to-month (mtm) in June 2026.\nAnnually, inflation was recorded at 3.34%. This inflationary pressure is\nhigher than the May 2026 condition which recorded inflation of 0.28%\nmtm. BPS noted that the expenditure group experiencing the largest\ninflation was the transportation sector, at 2.29%. This group\ncontributed 0.28% to inflation. \u2018There was inflation of 0.44%,\u2019 said BPS\nDeputy for Distribution and Services Statistics Ateng Hartono at a press\nconference at the BPS Head Office, Jakarta, Wednesday (1\/7\/2026). This\ninflation realisation is also higher than market expectations. Based on\na consensus compiled by CNBC Indonesia from 13 institutions, the June\n2026 Consumer Price Index (CPI) was previously expected to rise 0.30%\nmonthly. Meanwhile, on an annual basis, inflation was previously\nexpected to reach 3.2%. This means that June 2026 inflation, both\nmonthly and annually, was above market expectations.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/us-dollar-nears-rp18-000-again-1782960660", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }