JAKARTA, Jakartaweekly.com—After breaking through the Rp18,000 per U.S. dollar level, the Indonesian rupiah could weaken further to Rp19,000 and may even reach Rp25,000 by the end of the year if the government fails to exercise caution. Economist, Currency, and Commodities Analyst Ibrahim Assuaibi said the rupiah’s depreciation against the U.S. dollar is the result of […]
JAKARTA, Jakartaweekly.com—The rupiah weakened again against the United States dollar in trading on Friday, May 29, 2026, amid a strengthening US dollar index driven by a combination of global geopolitical sentiment, inflationary pressures in the United States, and market concerns over Indonesia’s domestic fiscal condition. At the close of trading on Friday, May 29, 2026, […]
JAKARTA, Jakartaweekly.com — The rupiah exchange rate against the US dollar weakened again at the close of trading today, Tuesday, May 26, 2026. This condition increases the risk of layoffs domestically. The rupiah was traded at Rp17,796 at the close of trading, weakening by 52 points compared to Monday’s closing on May 25, 2026. In […]
JAKARTA, Jakartaweekly.com – A statement by President Prabowo Subianto regarding rural communities being unaffected by the rise of the United States dollar received a negative response from the market. The situation is believed to have added pressure on the rupiah, which continues to weaken against the US dollar. Currency and commodity analyst Ibrahim Assuaibi said […]
JAKARTA, Jakartaweekly.com – Foreign exchange analyst Ibrahim Assuaibi said the weakening of the rupiah in Thursday’s trading was driven by a stronger US dollar amid escalating geopolitical tensions in the Middle East, particularly in the Strait of Hormuz, as well as debates over the accuracy of economic growth data. In today’s trading, Thursday, 14 May […]
JAKARTA, Jakartaweekly.com – The rupiah closed stronger against the U.S. dollar in Wednesday trading, May 13, 2026, amid intervention measures carried out by Bank Indonesia in the offshore Non-Deliverable Forward (NDF) market. By the close of afternoon trading, the rupiah had strengthened by 53 points to Rp17,475 per U.S. dollar from the previous close of […]
JAKARTA, Jakartaweekly.com – The anger of United States President Donald Trump toward Iran has weakened the Indonesian rupiah. At the close of trading on Monday, May 11, 2026, the rupiah depreciated by 32 points to Rp17,414 per US dollar. Economist, currency, and commodities analyst Ibrahim Assuaibi said geopolitical risks have increased after Trump described Iran’s […]
JAKARTA, Jakartaweekly.com — The rupiah closed down by 49 points at Rp17,382 per US dollar in trading on Friday, May 8, 2026, from Rp17,359 per US dollar previously, amid market concerns over Indonesia’s domestic fiscal condition as well as external pressure from the strengthening US dollar. Currency and commodity analyst Ibrahim Assuaibi said the rupiah’s […]
JAKARTA, Jakartaweekly.com — Market analyst Ibrahim Assuaibi projects that global gold prices could surge significantly to reach US$5,400 per troy ounce in the second quarter of 2026, driven by escalating geopolitical tensions worldwide. Ibrahim said the anticipated rally in gold prices would likely push domestic bullion prices up to Rp3,300,000 per gram. “Technically, in the […]
JAKARTA, Jakartaweekly.com — The rupiah closed weaker against the U.S. dollar in Wednesday (April 29, 2026) trading, pressured by a stronger dollar index, rising global uncertainty, and domestic policy factors. Money market analyst Ibrahim Assuaibi said the rupiah fell 83 points to Rp17,326 per U.S. dollar, from the previous close of Rp17,243. “During the trading […]
