Business · Markets · 2 hrs ago
Rupiah Opens Lower at 18,145 per US Dollar
The rupiah weakened to 18,145 per US dollar at the start of trading in Indonesia on Tuesday.
This extended a decline from Monday, when the currency closed at 18,140 per dollar.
The US dollar index, which measures the dollar against six major currencies, rose slightly, limiting the rupiah’s room to recover.
Brent oil prices fell more than 7% on Monday after Iran said talks with the United States to end an eight-month war were continuing.
Cheaper oil can ease inflation concerns and reduce Indonesia’s foreign-currency needs for oil imports, but investor caution is supporting the dollar.
Concerns about AI-related stocks and uncertainty over the US midterm elections are also keeping demand for the dollar as a safe asset.
No further action or forecast for the rupiah was given.
The rupiah opened 0.03% lower at Rp18,145 per US dollar on Tuesday, November 3, 2026.
The opening decline extended a 0.11% fall on Monday, when the currency closed at Rp18,140 per dollar.
The US dollar index rose 0.05% to 101.799 at 09:00 WIB.
Lower oil prices offered potential support to the rupiah, but a slightly stronger dollar and investor caution limited its gains.
Concerns about AI-related stocks and uncertainty over the US midterm elections supported demand for the dollar as a safe-haven asset.
- Who
- The Indonesian rupiah and the US dollar.
- What
- The rupiah opened 0.03% lower at Rp18,145 per dollar.
- When
- Tuesday, November 3, 2026.
- Where
- Indonesia’s currency market; the article does not specify a trading venue.
- Why
- A slightly stronger US dollar and investor caution limited the rupiah, despite lower oil prices.
This story does not have two clearly opposing sides.
The rupiah closed down 0.11% at Rp18,140 per dollar.
Brent crude fell more than 7% after Iran said communications with the US to end the eight-month war were continuing.
The rupiah opened down 0.03% at Rp18,145 per dollar.
The US dollar index was up 0.05% at 101.799.
- Opening exchange rate
- Rp18,145 per US dollar
- Opening change
- Down 0.03%
- Previous close
- Rp18,140 per dollar on November 2, 2026
- US dollar index
- 101.799, up 0.05% at 09:00 WIB
- Brent crude
- Fell more than 7% on Monday
What people are saying
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