Rupiah Weakens Slightly, US Dollar Exchange Rate Rises to Rp16,910
Jakarta, CNBC Indonesia - The rupiah’s exchange rate opened weaker against the United States (US) dollar in trading on Friday (27/3/2026).
According to Refinitiv data, the rupiah began trading in the red zone with a 0.09% weakening to the level of Rp16,910/US.ThismovementreversedfromtheprevioustradingsessiononThursday(26/3/2026), whentherupiahclosedwithaslightstrengtheningof0.06.
Meanwhile, the US dollar index (DXY) at 09:00 WIB was observed moving steadily at 99.902. This position was achieved after the previous trading session saw the DXY close up 0.30%, marking gains for three consecutive trading days.
The rupiah’s movement in today’s trading is expected to continue to be influenced by several sentiments, particularly from external factors.
From the global market, the US dollar strengthened again after hopes of easing conflict in the Middle East faded. Market participants see the chances of a peace agreement between the US and Iran as still quite small, thus increasing concerns about a longer war. This situation has also driven demand for the US dollar as a safe-haven asset.
An Iranian official stated that the US proposal does not yet meet the minimum requirements for an agreement. On the other hand, US President Donald Trump also admitted he is not yet convinced about wanting to reach an agreement to end the war. This situation has made the market increasingly worried that the conflict will continue.
These concerns are growing larger because the Strait of Hormuz remains at risk of disruption. If this route remains obstructed, global energy supplies could come under even greater pressure and trigger a surge in oil prices. This risk ultimately leads investors to anticipate heavier economic impacts, including pressure on global inflation.
Domestically, market participants are also awaiting the release of money supply developments scheduled to be announced by Bank Indonesia today, Friday (27/3/2026). This data is important for assessing liquidity conditions in the economy, especially after the previous period showed fairly high money supply growth.
In the latest release, Bank Indonesia reported that economic liquidity or broad money supply (M2) in January 2026 grew 10.0% year-on-year, higher than December 2025’s 9.6% growth.
The M2 value in January 2026 was recorded at Rp10,117.8 trillion, with growth supported by narrow money (M1) rising 14.9% and quasi-money growing 5.4%.