Rupiah Opens Strongly, US Dollar Falls to Rp17,065
Jakarta, CNBC Indonesia - The rupiah exchange rate opened stronger against the US dollar on trading today, Friday (10/4/2026).
According to Refinitiv data, the rupiah started trading at Rp17,065/US, orappreciatedby0.09 in the previous session.
Meanwhile, the US dollar index (DXY) at 09:00 WIB was observed strengthening by 0.04% to 98.861.
The rupiah’s movement in today’s trading is expected to continue to be influenced by a combination of external and domestic sentiments.
Externally, market participants are still monitoring the direction of the US dollar amid a global situation that is not fully stable. The US dollar index, which measures the greenback’s strength against six major world currencies, was recorded strengthening this morning. This condition limits the room for strengthening of other countries’ currencies, including the rupiah.
The global foreign exchange market itself remains cautious. Market participants are now watching whether the ceasefire between the US and Iran can truly hold, after the announcement the previous day had significantly pressured the US dollar. This means the current market calm is still fragile, and currency movements remain highly sensitive to geopolitical developments.
Domestically, the market is also awaiting the release of the Consumer Confidence Index (IKK) from Bank Indonesia (BI) later in the afternoon. This data is important as it provides an overview of household perceptions of the current economic conditions as well as their future expectations.
In the latest release, the BI Consumer Survey showed that consumer confidence in February 2026 remained strong. This was reflected in the IKK at 125.2. Although down from January 2026’s 127.2, the figure still indicates optimism as it remains above 100.
The sustained consumer confidence in February was supported by the Current Economic Condition Index (IKE) rising to 115.9 from 115.1 in January. Meanwhile, the Consumer Expectations Index (IEK) also remained at an optimistic level of 134.4, though slightly down from the previous month.
Therefore, the March 2026 IKK release will be closely watched by market participants to see if consumer optimism is still maintained or beginning to weaken amid global pressures that have not fully subsided.