Video: Facing Domestic and Middle East Issues, Rupiah Holds Strong Against US Dollar?

Facing Domestic and Middle East Issues, Rupiah Holds Strong Against US Dollar? Jakarta, CNBC Indonesia - The Composite Stock Price Index opened trading on Monday, 6 April 2026, in the red zone and weakened by more than 1% to the level of 6,934, with the rupiah strengthening slightly but still at Rp16,985 per US dollar. Looking at the rupiah’s weakening that reached Rp17,000 per US dollar last week, CNBC Indonesia economist Maesaroh stated that the Garuda currency depreciated in line with the strengthening of the dollar index amid the Middle East war that boosted global oil prices. From the domestic side, sentiment related to investor concerns over the state budget (APBN) conditions and management, as well as the risk of widening fiscal deficit. The rise in world oil prices, not compensated by increases in subsidised fuel prices, will increase the subsidy burden in the APBN. What is the analysis of the Garuda currency’s movements? For more details, watch the review by Shania Alatas with CNBC Indonesia economist Maesaroh in Squawk Box, CNBC Indonesia (Monday, 06/04/2026).