Business · Markets · 1 hr ago
Rupiah Opens Slightly Weaker at 18,128 per US Dollar
The rupiah opened at 18,128 per US dollar, down 0.02% from Thursday’s close in Jakarta.
It had strengthened in the previous session.
US economic growth reached 3.4% in the third quarter, above market expectations of 3.2%.
US inflation also rose in September, adding to expectations that the Federal Reserve may be cautious about cutting interest rates.
A cautious Fed could support the dollar and limit the rupiah’s gains.
Bank Indonesia will decide rates based on economic data, not automatically follow the Fed, ahead of its November meeting.
The central bank says it has tools including hedging incentives and rupiah securities to help steady the currency.
The rupiah opened at Rp18,128 per US dollar on Friday, weakening slightly from the previous close.
The currency was down 0.02% from Thursday’s closing rate of Rp18,125 per US dollar.
Market attention was focused on recently released US growth and inflation data, which could make the Federal Reserve more cautious on interest rates.
Bank Indonesia Governor Destry Damayanti said the central bank’s rate decisions would depend on economic data rather than automatically follow the Federal Reserve.
Bank Indonesia said it had several tools to help maintain exchange-rate stability.
- Who
- The rupiah and the US dollar. Bank Indonesia and the Federal Reserve are also relevant to the market outlook.
- What
- The rupiah opened slightly weaker at Rp18,128 per US dollar.
- When
- Friday, October 30, 2026.
- Where
- Indonesia’s currency market.
- Why
- The article links market attention to US growth and inflation data, as well as uncertainty about monetary policy.
This story does not have two clearly opposing sides.
The rupiah closed at Rp18,125 per US dollar.
US data showed annualized third-quarter economic growth of 3.4% and September PCE inflation of 3.6% year on year.
The rupiah opened at Rp18,128 per US dollar, down 0.02% from the previous close.
- Opening rate
- Rp18,128 per US dollar
- Previous close
- Rp18,125 per US dollar on October 29, 2026
- Opening move
- Down 0.02%
- US third-quarter growth
- 3.4% annualized
- US September PCE inflation
- 3.6% year on year
1 source
What people are saying
Data dependent, we will see how developments unfold. We have many policy instruments.