Weak Rupiah: Foreign Banks Already Selling US Dollars at This Price

Jakarta, CNBC Indonesia - The exchange rate of the rupiah against the US dollar weakened further ahead of the weekend on Friday (10/4/2026). According to Refinitiv data, as of 09:47 WIB, the Garuda’s currency depreciated 0.18% to the level of Rp17,110/US.TherupiahevenbrieflytouchedRp17, 115/US, marking a new all-time intraday low.

This weakening reversed the conditions at the start of trading. At the opening, the rupiah had strengthened 0.09% to Rp17,065/US$, but then reversed direction and continued to face pressure.

Citing exchange rate data on the official company website, Bank MUFG Jakarta Branch has sold US$1 at Rp17,350 and offered to buy US dollars at Rp16,750 with a spread margin of Rp600.

Meanwhile, several other foreign banks also set relatively high dollar prices. The British-origin foreign bank, HSBC Indonesia, sold dollars at Rp17,305 and bought at Rp16,855 with a spread margin of Rp450.

Bank DBS sold dollars at Rp16,923 and bought at Rp16,583 or a spread margin of Rp340. UOB is known to sell dollars at Rp16,909 and buy at Rp16,391 with a spread margin of Rp518.

Meanwhile, the foreign banks selling dollars at cheaper prices are OCBC and JTrust. OCBC sold dollars at Rp17,215, bought at Rp16,938 with a spread margin of Rp277. JTrust sold at Rp17,154 and bought at Rp17,035 with a spread margin of Rp119.

State-owned banks and national private banks offered more competitive selling prices than the majority of foreign banks.

BRI is known to sell dollars at Rp17,125, buy at Rp17,098 with a spread margin of Rp27. BNI is known to sell dollars at Rp17,114, buy at Rp17,094 with a spread margin of Rp90. Bank Mandiri sold dollars at Rp17,105, bought at Rp17,075 with a spread margin of Rp30.