The Indonesian rupiah firmed to around IDR 17,700 per U.S. dollar on Friday, reversing losses from the prior two sessions after an orderly protest in Jakarta Thursday passed without major security disruptions. Sentiment was also lifted by Bank Indonesia Acting Governor Destry Damayanti, who told parliament that closer policy coordination would not compromise the central bank’s independence. She added that monetary policy would remain focused on maintaining stability while supporting growth. For the week, the rupiah was on track to stabilise after losses in recent weeks, as investors looked ahead to key domestic data, including August inflation and July trade figures. Focus will also remain on the appointment of Bank Indonesia’s next governor, with parliament expected to decide after Destry, the sole nominee for the post, undergoes a fit-and-proper test. Globally, the dollar index held broadly steady ahead of Fed Chair Kevin Warsh’s speech at the annual Jackson Hole meeting later today.
The USD/IDR exchange rate rose to 17,758.4000 on August 28, 2026, up 0.05% from the previous session. Over the past month, the Indonesian Rupiah has strengthened 1.71%, but it's down by 8.18% over the last 12 months. Historically, the USDIDR reached an all time high of 18279.00 in July of 2026. Indonesian Rupiah - data, forecasts, historical chart - was last updated on August 30 of 2026.
The USD/IDR exchange rate rose to 17,758.4000 on August 28, 2026, up 0.05% from the previous session. Over the past month, the Indonesian Rupiah has strengthened 1.71%, but it's down by 8.18% over the last 12 months. The Indonesian Rupiah is expected to trade at 17731.38 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 17480.78 in 12 months time.