Middle East conflict pushes rupiah weaker

JAKARTA - The rupiah exchange rate on Tuesday, April 7, 2026 is expected to weaken against the US dollar.

To note, quoting Bloomberg, on Monday, April 6, the spot rupiah exchange rate closed down 0.32 percent to Rp17,035 per US dollar.

Meanwhile, the Jakarta Interbank Spot Dollar Rate (Jisdor) exchange rate of the Bank Indonesia (BI) closed down 0.13 percent to the price level of Rp17,037 per US dollar.

Doo Financial Futures analyst Lukman Leong, predicts that the rupiah exchange rate will weaken against the US dollar.

He added that this weakening was triggered by concerns about an escalation of the conflict in the Middle East, after US President Donald Trump confirmed plans to bomb power plants and bridges in Iran.

"The rupiah is expected to weaken against the US dollar due to concerns about the escalation of the war after Trump confirmed that he would bomb Iran's power plants and bridges on Tuesday," he told VOI, Tuesday, April 7.

Lukman estimates that the movement of the rupiah on Tuesday, April 7, 2026 will be in the range of Rp17,000-Rp17,050 per US dollar.

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