Indonesian Political, Business & Finance News

Rupiah Slightly Strengthens, US Dollar at Rp 17,125

| Source: CNBC Translated from Indonesian | Finance
Rupiah Slightly Strengthens, US Dollar at Rp 17,125
Image: CNBC

Jakarta, CNBC Indonesia — The rupiah exchange rate closed stronger against the US dollar on the close of trading on Thursday (16/4/2026).

According to Refinitiv data, at 3:00 PM WIB, the rupiah closed at Rp17,125/US$, appreciating by 0.03%.

Similar to the opening of morning trading, the rupiah opened stronger by 0.03% to the level of Rp17,125/US$.

Meanwhile, the US dollar index (DXY) at 3:00 PM WIB was recorded weakening by 0.04% to the level of 98.100.

The strengthening of the rupiah in today’s trading actually occurred amid conditions where the US dollar in the global market was sluggish.

This situation opened up room for strengthening for other countries’ currencies, including the rupiah. However, until the close of trading, the rupiah was able to capitalise on that positive sentiment.

This strengthening was driven by increasing market expectations of achieving a peace agreement with Iran, so investors began reducing their holdings of safe-haven assets like the US dollar.

US President Donald Trump stated that the US-Israel war against Iran is “nearing an end”. The White House also expressed optimism about the chances of reaching an agreement, stating that follow-up face-to-face talks are likely to be held again in Pakistan.

From the domestic side, Indonesia also received positive sentiment from the global stage again. As part of the IMF Spring Meetings 2026 agenda in the United States on 13-18 April 2026, Indonesia was again mentioned as one of the bright spots for the global economy.

This was stated by International Monetary Fund (IMF) Managing Director Kristalina Georgieva in a meeting with Bank Indonesia Governor Perry Warjiyo, Finance Minister of the Republic of Indonesia Purbaya Yudhi Sadewa, and members of the House of Representatives of the Republic of Indonesia as part of follow-up meetings with global investors on 14 April 2026.

In a BI press release, Director of the BI Communications Department Anton Pitono explained that the IMF views Indonesia as one of the bright spot countries because it is supported by strong economic fundamentals, credible policies, and economic resilience that remains maintained amid increasing global uncertainty.

“The IMF and global investors appreciate Indonesia’s consistency in maintaining macroeconomic stability through solid synergy of fiscal and monetary policies, discipline in maintaining the deficit below 3% of GDP, and adaptive and forward-looking policy responses in facing external pressures,” said Anton in the press release on Wednesday (15/4/2026).

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