January 31, 2026 | 07:21 pm
TEMPO.CO, Jakarta - Rupiah's exchange rate is expected to continue weakening following the weekend trend in the range of Rp16,780-16,810 per US dollar next week, said director of PT Traze Andalan Futures, Ibrahim Assuaibi.
"For next Monday's trading, the rupiah is expected to fluctuate but close lower," Ibrahim said in a written statement on Friday, January 30, 2026.
Yesterday, rupiah closed weaker by 31 points, or 0.18 percent, to Rp16,786 per US dollar from the previous Rp16,755 per US dollar.
The downward trend could be attributed to US political factors in regard to the potential chair of the Federal Reserve, as well as the tensions with Iran.
Meanwhile, domestically, Bank Indonesia's continuous strengthening of foreign exchange reserves management is the main instrument for maintaining economic stability while also building global market confidence amidst increasing global financial volatility.
The central bank management considers the dynamics of global interest rates, US dollar exchange rate movements, and the yields of US government bonds. "These measures are deemed crucial to mitigate the impact of global uncertainty on the domestic economy," Ibrahim said.
Bank Indonesia is also strengthening the blend of economic transformation policies through five strategic synergies, namely macroeconomic and financial system stability; accelerated downstream industries; people's economy empowerment; increased financing for the economy and financial markets; and accelerated national economic and financial digitization.
The Indonesian central bank also continues to implement monetary, macroprudential, and payment system policies, including the development of Micro, Small, and Medium Enterprises (MSMEs) and Sharia economy. "To maintain stability and support inclusive and sustainable economic growth," Ibrahim added.
Read: Bank Indonesia Governor Predicts Rupiah Will Continue to Strengthen
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