Breaking News! US Dollar Breaks Through Rp17,110 This Morning

Jakarta, CNBC Indonesia - The rupiah exchange rate opened weaker against the US dollar on Tuesday morning’s trading (14/4/2026). According to Refinitiv data, the rupiah started trading in the red zone with a 0.09% depreciation to the level of Rp17,110/US.ThisweakeningoccurredaftertheprevioustradingsessiononMonday(13/4/2026), whentheGarudacurrencyclosedwithaslight0.06. Meanwhile, the US dollar index (DXY), which measures the dollar’s strength against six major world currencies, was observed moving stably at 98.348 at 09:00 WIB. Previously, in yesterday’s trading, the DXY corrected by 0.29% to 98.366. The stability of the US dollar at a relatively lower level provides positive sentiment for other countries’ currencies, including the rupiah. This condition gives room for the rupiah to strengthen after previously being pressured by the dominance of the US dollar in the global market. Market participants are currently still monitoring geopolitical developments in the Middle East. The US dollar is moving in a stable manner as investors weigh energy supply risks due to the US blockade of Iranian ships in the Strait of Hormuz, amid the possibility of ongoing dialogue between Washington and Tehran that could pave the way for new breakthroughs. Domestically, Bank Indonesia (BI) has emphasised that it will continue to optimise all monetary policy instruments to maintain the stability of rupiah movements. BI Senior Deputy Governor Destry Damayanti said the central bank will remain present in the market in a measured manner, both in the spot market, NDF, and DNDF. “In a measured way, BI will continue to enter the market, spot, NDF, DNDF, we will also expand the base of participants later for NDF outside. Today the NDF is flying above Rp17,100/US$. There has been no real transaction there yet,” Destry said at the Central Banking Forum 2026 CNBC Indonesia event, quoted on Tuesday (14/4/2026). Destry added that BI’s intervention steps in overseas markets are now also on 24-hour standby. This means BI can take measured steps at any time to maintain rupiah movements in various global financial market centres. “So BI is 24 hours, because for example when the Singapore market opens, we are also open. We close at 3, Europe’s market is still running. At 9 a.m. US, America opens, we stay alert, we optimise branches abroad in London and New York. But while maintaining liquidity,” she stated.