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The rupiah rose 0.02% to Rp18,085 per dollar in spot trading on Monday, while the BI reference rate strengthened 0.15% to Rp18,103. An economist said the currency remains under pressure from a strong US dollar after robust US employment data reduced expectations for Federal Reserve rate cuts.
A more hawkish Fed outlook can support the dollar and raise the cost of dollar-priced feed imports for Indonesian buyers, even as the rupiah edged higher in the latest session.
insight.kontan.co.idVivit DewiNov 9, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
