Breaking News! Rupiah Exchange Rate Breaches Rp 17,400/US$

Jakarta, CNBC Indonesia - The rupiah exchange rate is increasingly under pressure against the US dollar on Tuesday’s trading (5/5/2026). The pressure on the Garuda currency is intensifying after it opened weaker at the start of trading. According to Refinitiv data, at 09:07 WIB, the rupiah was observed weakening by 0.22% to the level of Rp 17,403/US.ThispositionindicatesadeepeningweakeningcomparedtothemorningtradingopenatRp17, 380/US. With this movement, the rupiah has officially breached the psychological level of Rp 17,400/US, simultaneouslyrecordingthelatestall − timeintradayweakestlevel.ThispressurealsocausestherupiahtomovefurtherawayfromMonday′sclosingposition(4/5/2026)atRp17, 365/US, which was previously the all-time weakest rupiah closing level. The pressure on the rupiah is occurring amid the strengthening of the US dollar in the global market. The US dollar index (DXY) at 09:00 WIB was observed rising 0.15% to the level of 98.521. The US dollar is strengthening in line with increasing demand for safe-haven assets, amid market concerns over the escalation of war in the Middle East. This situation keeps pressure in the global financial markets quite high. The strengthening of the US dollar ultimately narrows the room for strengthening in emerging market currencies, including the rupiah.