Business · Markets · 2 hrs ago
Rupiah opens higher as US dollar weakens
The rupiah began trading higher against the US dollar in Indonesia on Monday, gaining 0.08% to 17,860 per dollar.
The dollar also weakened against a group of major currencies, giving the rupiah some support.
However, the dollar index remained above 102, a sign that the US currency was still relatively strong globally.
Bank Indonesia Governor Destry Damayanti said the central bank was ready to intervene more forcefully if global market pressure puts further strain on the rupiah.
She pointed to unresolved tensions in the Middle East, which could push up oil prices and strengthen the dollar.
Indonesia’s trade balance, meanwhile, recorded a surplus of US$3.3 billion, which Destry described as a sign that domestic conditions were more manageable.
Bank Indonesia said it would also monitor currencies in nearby countries, including the Philippine peso and Thai baht.
The rupiah opened 0.08% higher at Rp17,860 per US dollar on Monday, October 12, 2026.
The US dollar index was down 0.12% at 102.130 at 09:00 WIB.
CNBC Indonesia reported that the weaker dollar gave the rupiah room to extend its gains.
Bank Indonesia Governor Destry Damayanti said the central bank was ready to intervene more aggressively if global market pressure increased.
Destry cited a US$3.3 billion trade surplus as a sign that domestic conditions were relatively more manageable.
- Who
- The rupiah and the US dollar. Bank Indonesia is monitoring currency pressures.
- What
- The rupiah opened 0.08% higher at Rp17,860 per US dollar as the US dollar index weakened.
- When
- Monday, October 12, 2026.
- Where
- Indonesia’s currency market.
- Why
- The weaker US dollar gave the rupiah room to rise. The article also cites global uncertainty and possible central bank intervention.
This story does not have two clearly opposing sides.
If we do need to intervene more boldly, we will, because we see that the main source of this volatility is largely global.
Domestically, things are relatively more manageable.
The rupiah closed up 0.08% at Rp17,875 per US dollar after opening up 0.20% at Rp17,855.
The rupiah opened up 0.08% at Rp17,860 per US dollar.
The US dollar index was down 0.12% at 102.130.
- Rupiah opening rate
- Rp17,860 per US dollar
- Opening gain
- 0.08%
- US dollar index
- 102.130, down 0.12% at 09:00 WIB
- Previous close
- Rp17,875 per US dollar on October 9, 2026
- Trade surplus
- US$3.3 billion
Sources
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