Rupiah Stays Soft, Still Logs Weekly Rise

2026-02-13 06:44 By Farida Husna 1 min. read

The Indonesian rupiah slipped toward IDR 16,850 per dollar on Friday, extending prior weakness as market participants remained cautious ahead of Bank Indonesia’s policy meeting next week.

Expectations of further easing lingered after a senior official reiterated the scope to resume rate cuts, following 150bp of reductions since September 2024.

Meantime, Finance Minister Purbaya Yudhi stressed fiscal policy remains focused on sustaining growth rather than short-term currency moves, noting exchange-rate stability is the central bank’s remit.

Still, the rupiah logged a slight weekly gain, supported by Bank Indonesia’s Inflation and Food Prosperity Control Movement aimed at strengthening food supply and easing price pressures.

Markets now await Q4 Indonesia's current account data due next week, following the first surplus in almost two years in Q3.

Globally, the dollar index held steady for a fourth session, with investors eyeing the US January CPI release later in the day for policy cues.



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