Rupiah Potentially Strengthens To 16,650 Per US Dollar As US Currency Corrections

US and Rupiah dollars (Photo: dock. Antara)

JAKARTA - The rupiah exchange rate in trading Monday, September 29, 2025, is estimated to have the potential to strengthen against the United States (US) dollar.

To note, citing Bloomberg, on Friday, September 26, 2025, the rupiah spot exchange rate closed higher by 0.09 percent to the level of Rp. 16,738 per US dollar.

Meanwhile, the Jakarta Interbank Spot Dollar Rate (Jisdor) exchange rate of Bank Indonesia (BI) closed down 0.14 percent to a price level of Rp. 16,775 per US dollar.

Doo Financial Futures analyst Lukman Leong said that the rupiah exchange rate is expected to strengthen against the US dollar which tends to weaken after the release of US inflation data in accordance with estimates.

According to him, this opens up opportunities for the Federal Reserve (The Fed) to cut interest rates.

"The rupiah has the potential to strengthen against the corrected US dollar after US inflation data, which is in line with expectations, opens up opportunities for the Fed to cut interest rates," he told VOI, Monday, September 29.

In addition, he said that the US Dollar index was also under pressure by revisions down on unexpected consumer sentiment data, as well as concerns about the possibility of a government shutdown in the US.

"The US dollar index was also under pressure by consumer sentiment that was unexpectedly revised lower. The US government's concern over the shutdown also burdened the US dollar," he said.

Lukman projects that the movement of the rupiah on Monday, September 29, will move in the range of Rp. 16,650 per US dollar to Rp. 16,750 per US dollar.