Business · Markets · 5 hrs ago
Rupiah weakens to about 18,075 per US dollar
The Indonesian rupiah weakened slightly against the US dollar in Friday morning trading, with rates reported around 18,075 to 18,076 rupiah per dollar.
The figures differ slightly between reports, but both show the rupiah losing ground from its previous close.
Currency analyst Lukman Leong said global risk concerns could put further pressure on the rupiah, including worries about artificial intelligence, rising tensions in the Middle East and France’s fiscal situation.
These concerns can make investors more cautious and increase demand for the US dollar.
A stronger domestic stock market could help support the rupiah if positive sentiment continues.
Leong forecast the currency would trade between 17,900 and 18,100 rupiah per dollar that day.
The US dollar rose to Rp 18,075 against the rupiah in Friday morning trading, according to Bloomberg data cited by Detik.
CNN Indonesia reported the rupiah at Rp 18,076 per US dollar, down 16 points, or 0.09%, from the previous close.
Detik said the dollar had closed at Rp 18,060 and was up 8.29% against the rupiah so far in 2026.
Currency analyst Lukman Leong said global risk aversion could weigh on the rupiah, citing concerns about artificial intelligence, Middle East tensions and France’s fiscal situation.
Leong said improving sentiment in Indonesia’s stock market could support the rupiah and forecast a trading range of Rp 17,900 to Rp 18,100 per dollar.
- Who
- The US dollar and the Indonesian rupiah. Currency analyst Lukman Leong also commented on the rupiah’s outlook.
- What
- The dollar rose to Rp 18,075 against the rupiah, according to Bloomberg data cited by Detik. CNN Indonesia reported the rate at Rp 18,076.
- When
- Friday morning, 23 October 2026.
- Where
- Indonesia; the reports describe trading in Jakarta.
- Why
- Leong cited rising global risk aversion, linked to concerns about AI, Middle East tensions and France’s fiscal situation.
This story does not have two clearly opposing sides.
The US dollar closed at Rp 18,060, according to Bloomberg data cited by Detik.
The dollar rose to Rp 18,075, according to Bloomberg data cited by Detik; CNN Indonesia reported the rupiah at Rp 18,076 per dollar.
- Bloomberg rate
- Rp 18,075 per US dollar
- CNN Indonesia rate
- Rp 18,076 per US dollar
- Previous close
- Rp 18,060 per US dollar, according to Bloomberg data cited by Detik
- 2026 change
- The US dollar was up 8.29% against the rupiah, according to RTI Business data cited by Detik
- Forecast range
- Rp 17,900 to Rp 18,100 per US dollar
3 sources
What people are saying
The rupiah could weaken against the US dollar amid rising global risk-off sentiment due to concerns about artificial intelligence (AI), escalating geopolitics in the Middle East, and worsening fiscal conditions in France.