Rupiah Predicted To Strengthen After US Labor Data Disappoints

Illustration: Photo: Doc. ANTARA

JAKARTA - The rupiah exchange rate in trading Monday, September 8, 2025, is estimated to have the potential to strengthen against the United States (US) dollar.

For information, citing Bloomberg on Thursday, September 4, 2025, the rupiah spot exchange rate closed down 0.06 percent to the level of Rp. 16,425 per US dollar. Meanwhile, the Jakarta Interbank Spot Dollar Rate (Jisdor) exchange rate of Bank Indonesia (BI) closed down 0.09 percent to a price level of Rp. 16,438 per US dollar.

Doo Financial Futures analyst Lukman Leong projects that the rupiah has the opportunity to strengthen against the US dollar, which has a sharp weakening following US labor data that has again disappointed.

"The rupiah is expected to strengthen against the US dollar which weakened quite sharply after U.S. NFP's return work data is very disappointing," he told VOI, Monday, September 8.

In addition, he said that this condition was close to ensuring that the Federal Reserve would cut interest rates this month.

Meanwhile, Lukman said that from within the country, investors are looking forward to releasing foreign exchange reserves (cadev) data as an additional indicator of the direction of the movement of the rupiah.

Lukman projects that the movement of the rupiah on Monday, September 8, will move in the range of Rp. 16,350 per US dollar to Rp. 16,450 per US dollar.