The Indonesian rupiah firmed to near IDR 17,900 per U.S. dollar on Friday, inching higher after the prior session's losses as renewed foreign inflows into government bonds and domestic equities in July ended several months of sustained selling. Sentiment was further lifted by subdued domestic inflation, with July's headline rate easing to a three-month low amid government food stabilisation efforts alongside the harvest season in parts of Java. Fresh data also showed Indonesia's forex reserves remained broadly stable in July, underscoring resilient external buffers. Meanwhile, the dollar index was little changed as investors awaited the closely watched U.S. July jobs report for fresh clues on labor market strength and the Fed's policy outlook. For the week, the rupiah was on track for its first weekly gain in three, rising about 0.5% so far, supported by improving fiscal sentiment after President Prabowo's administration recently announced notable cuts to its flagship spending program.
The USD/IDR exchange rate fell to 17,801.5000 on August 7, 2026, down 0.61% from the previous session. Over the past month, the Indonesian Rupiah has strengthened 1.53%, but it's down by 9.51% over the last 12 months. Historically, the USDIDR reached an all time high of 18279 in July of 2026. Indonesian Rupiah - data, forecasts, historical chart - was last updated on August 8 of 2026.
The USD/IDR exchange rate fell to 17,801.5000 on August 7, 2026, down 0.61% from the previous session. Over the past month, the Indonesian Rupiah has strengthened 1.53%, but it's down by 9.51% over the last 12 months. The Indonesian Rupiah is expected to trade at 17980.92 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 17742.34 in 12 months time.