2026-07-09
The Indonesian rupiah slipped against the US dollar in early trading on Wednesday, as market participants adopted a cautious stance ahead of the.
The Indonesian rupiah slipped against the US dollar in early trading on Wednesday, as market participants adopted a cautious stance ahead of the.
Indonesia’s foreign exchange reserves rose to $145.6 billion in June 2025, up from $144.9 billion in the previous month, according to data released.
The Indonesian rupiah recorded a slight uptick against the US dollar on Monday, following the release of June inflation data that showed a.
Indonesia’s monthly inflation rate rose to 0.44% in June, surpassing market expectations of 0.3%, according to data released by the country’s statistics agency..
Bank Indonesia’s ongoing monetary tightening cycle is expected to provide a meaningful cushion for the Indonesian rupiah against persistent US dollar strength, according.
In a decisive move that caught many market participants off guard, Bank Indonesia (BI) raised its benchmark interest rate by 25 basis points.
In a widely anticipated decision, Bank Indonesia (BI) raised its benchmark 7-Day Reverse Repo Rate by 25 basis points to 6.25% in June.
The Indonesian rupiah strengthened in early trading this week, supported by improving market sentiment and positioning ahead of Bank Indonesia’s upcoming monetary policy.
The Indonesian rupiah’s recent recovery is likely to extend only if Bank Indonesia maintains its current policy stance, according to analysts at OCBC.