Breaking: US Dollar Hits Rp18,155

Jakarta, CNBC Indonesia — The US dollar put increasing pressure on the rupiah during trading on Wednesday afternoon (11 November 2026).

Refinitiv data showed the rupiah at Rp18,155 per US dollar at 11.34am WIB, down 0.61%.

The fall was steeper than at the market opening, when the rupiah weakened 0.28% to Rp18,095 per US dollar. It had lost 60 points from its opening level.

At the same time, the US Dollar Index (DXY), which measures the greenback against six major currencies, rose 0.03% to 102.255. The index followed a 0.57% surge in the previous session.

The rupiah came under pressure as investors once again sought the US dollar. The trigger was higher-than-expected US inflation data, which strengthened expectations of a US Federal Reserve rate rise in December.

The US Consumer Price Index rose 0.4% month on month in October, above the market forecast of 0.3%.

The data reinforced comments by Fed Governor Christopher Waller, who said the central bank needed to raise interest rates next month. According to CME FedWatch, the probability of a rate rise in December is now close to 91%.

The conditions have made US dollar-denominated assets more attractive to market participants, in turn leaving less room for emerging-market currencies, including the rupiah, to strengthen.