USD/IDR
Indonesian Rupiah: Two-way risks around support levels – OCBC
Indonesian Rupiah: Two-way risks around support levels – OCBC
USD/IDR Price Forecast: Trades near 17,850 after pulling back from moving averages
USD/IDR Price Forecast: Trades near 17,850 after pulling back from moving averages
Indonesian Rupiah: Why USD/IDR May Keep Climbing Through Mid-2027
MUFG sees USD/IDR rising to 18,700 by the second quarter of 2027 as trade deterioration and oil costs pressure the Rupiah. Two consecutive trade deficits and a $3.5bn oil-and-gas shortfall underpin MUFG's forecast for the US Dollar to Indonesian Rupiah exchange rate to reach 18,700 by Q2 2027.
Indonesian Rupiah hits record low vs USD on Middle East tensions; USD/IDR conquers 17,700
Indonesian Rupiah hits record low vs USD on Middle East tensions; USD/IDR conquers 17,700
Indonesian Rupiah hits record low vs USD on Middle East risks; USD/IDR approaches 17,200
Indonesian Rupiah hits record low vs USD on Middle East risks; USD/IDR approaches 17,200
USD/IDR Analysis: Rupiah Breaches 17,000 Amidst Dual Fiscal and Energy Shocks
Summary:Indonesia's budget deficit nearly doubled year-on-year to IDR 240.1 trillion (0.93% of GDP) in Q1 2026, severely weakening the Rupiah's domestic fundamental support. Bank Indonesia (BI) maintained its benchmark rate at 4.75% to stabilize the currency, but persistent inflation—which hit a multi-year high of 4.76%—limits the central bank's room for further maneuver.The Indonesian Rupiah (IDR) faced a “perfect storm” of global and domestic pressures on April 7, 2026, as it tumbled to IDR 17,079 per US Dollar.
