Indonesian Political, Business & Finance News

Breaking! Rupiah Hits Lowest Level, US Dollar Breaks Rp17,100

| Source: CNBC Translated from Indonesian | Finance
Breaking! Rupiah Hits Lowest Level, US Dollar Breaks Rp17,100
Image: CNBC

The rupiah’s exchange rate against the US dollar continued to deepen in morning trading on Friday (10/4/2026). According to Refinitiv data, as of 09:47 WIB, the Garuda currency depreciated 0.18% to Rp17,110 per dollar. The rupiah even briefly touched Rp17,115 per dollar, marking a new all-time intraday low. This weakening reversed the conditions at the start of trading. At the opening, the rupiah had strengthened 0.09% to Rp17,065 per dollar but then reversed direction and remained under pressure. Meanwhile, the US dollar index (DXY) was recorded strengthening 0.09% to 98.904 at the same time. From external factors, market participants are still monitoring the direction of the US dollar amid a global situation that is not fully stable. The strengthening of the US dollar index, which measures the greenback’s strength against six major world currencies, is increasingly limiting the room for other countries’ currencies, including the rupiah, to strengthen. The global foreign exchange market itself is still moving cautiously. Market participants are watching whether the ceasefire between the US and Iran can truly hold, after the announcement the previous day had significantly pressured the US dollar. In other words, the current market calm remains fragile, and currency movements remain highly sensitive to geopolitical developments.

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