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Monday, 9 November 2026English edition
The Geopolitician

Country risk, from the local press

Indonesia · Story · Markets

Indonesian Rupiah's fluctuating performance against US Dollar

The Indonesian rupiah has experienced significant fluctuations against the US dollar, influenced by global economic conditions and domestic factors.

Running story — the local press covered it again on 5 November 2026.

The story so far as of 5 November 2026

On September 22, 2026, the Indonesian rupiah weakened to Rp17,884 per US dollar. It then strengthened to Rp17,899 on October 6, followed by a slight gain to Rp17,887 on October 7. However, it weakened again to Rp17,915 on October 8 due to geopolitical tensions. The currency fluctuated, reaching Rp17,899 on October 9, but weakened to Rp17,918 on October 14. Bank Indonesia intervened on October 15 as the rupiah neared Rp18,000. By October 17, it had weakened past this threshold and continued to decline, reaching Rp18,046 on October 19. The rupiah fluctuated further, with a low of Rp18,180 on October 28 before closing at Rp18,137 on October 29. It fluctuated again on October 30 and weakened to Rp18,168 on November 4, before strengthening to Rp18,082 on November 5.

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Coverage, day by day

  1. Markets

    Rupiah Strengthens to Rp18,082 Against USD

    Impact Importers and companies with USD-denominated liabilities benefit from the stronger rupiah, reducing currency-related costs.

    Sources: okezone.com ↗, ANTARA News ↗

  2. Markets

    Rupiah Weakens to Rp18,168 per USD

    Impact Importers and companies with USD-denominated expenses face increased costs as the rupiah weakens.

    Sources: okezone.com ↗, ANTARA News ↗

  3. Markets

    Rupiah fluctuates amid focus on BI policy direction

    Impact Importers and exporters face currency risk as the rupiah fluctuates, affecting pricing and profit margins.

    Sources: ANTARA News ↗

  4. Markets

    Rupiah strengthens to Rp18,137 per USD

    Impact Importers and companies with USD-denominated debt benefit from the stronger rupiah, reducing costs.

    Sources: okezone.com ↗, ANTARA News ↗

  5. Markets

    Rupiah Weakens to Rp18,180, BI Intervenes

    Impact Importers and companies with USD-denominated liabilities face increased costs as the rupiah weakens.

    Sources: okezone.com ↗

  6. Markets

    Rupiah Weakens to Rp18,156 per USD

    Impact Importers and companies with foreign debt face higher costs as the rupiah weakens to Rp18,156 per USD.

    Sources: okezone.com ↗, ANTARA News ↗

  7. Markets

    Rupiah Weakens, May Hit Rp18,200 per USD

    Impact Importers face higher costs as the rupiah weakens, affecting pricing and margins.

    Sources: okezone.com ↗

  8. Markets

    Rupiah Weakens to 18,080 per USD

    Impact Importers and companies with dollar-denominated costs face higher expenses as the rupiah weakens.

    Sources: ANTARA News ↗, okezone.com ↗

  9. Markets

    Rupiah weakens amid oil price and MSCI concerns

    Impact Importers and companies with USD-denominated debts face higher costs as the rupiah weakens.

    Sources: okezone.com ↗

  10. Markets

    Rupiah Weakens to Rp18,046 per USD

    Impact Importers and companies with USD liabilities face higher costs as the rupiah weakens to Rp18,046 per USD.

    Sources: okezone.com ↗

  11. Markets

    Rupiah Weakens Past 18,000 Per USD

    Impact Importers and companies with foreign currency liabilities face increased costs due to the rupiah's depreciation.

    Sources: okezone.com ↗

  12. Markets

    Rupiah Nears Rp18,000 per USD, BI Intervenes

    Impact Importers and companies with USD-denominated costs face increased expenses as the rupiah weakens.

    Sources: okezone.com ↗

  13. Markets

    Rupiah Weakens to Rp17,918 per USD Amid Global Pressures

    Impact Importers and companies with USD-denominated obligations face higher costs due to the weaker rupiah.

    Sources: ANTARA News ↗

  14. Markets

    Rupiah Strengthens to Rp17,899 per USD

    Impact Importers and companies with USD exposure benefit from a stronger rupiah, reducing costs.

    Sources: ANTARA News ↗, okezone.com ↗

  15. Markets

    Rupiah Weakens to Rp17,915 per USD

    Impact Importers and companies with USD-denominated debts face increased costs as the rupiah weakens to Rp17,915 per USD.

    Sources: okezone.com ↗

  16. Markets

    Rupiah strengthens to Rp17,887 per USD

    Impact Importers and companies with USD-denominated debt benefit from the stronger rupiah, reducing costs.

    Sources: okezone.com ↗, ANTARA News ↗

  17. Markets

    Rupiah Gains Against USD, Closes at Rp17,899

    Impact Importers and exporters dealing in USD benefit from the stronger rupiah, improving trade balances.

    Sources: ANTARA News ↗, okezone.com ↗

  18. Markets

    Rupiah weakens to Rp17,884 against US dollar

    Impact Importers and businesses with dollar-denominated obligations face higher costs due to the weaker rupiah.

    Sources: okezone.com ↗

Sources in this story

Sources: each headline links to the original article on the publisher's site.

Other running stories in Indonesia

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