Rupiah Predicted Weakening, The Fed Signs Postponement Of Interest Rate Reduction

Illustration: Photo: Doc. ANTARA

JAKARTA - The rupiah exchange rate in trading Friday, October 10, 2025, is estimated to have the potential to weaken against the United States (US) dollar.

To note, citing Bloomberg, on Thursday, October 9, 2025, the rupiah spot exchange was closed higher by 0.03 percent to the level of Rp. 16,568 per US dollar.

Meanwhile, the Jakarta Interbank Spot Dollar Rate (Jisdor) exchange rate of Bank Indonesia (BI) closed up 0.04 percent to a price level of IDR 16,534 per US dollar.

Doo Financial Futures analyst Lukman Leong predicts the rupiah exchange rate will weaken against the higher US dollar, driven by a hawkish statement from Federal Reserve officials.

According to him this time, Deputy Chairman of The Fed Michael Barr, expressed his prudence in plans to reduce interest rates in the future.

"Rupiah is expected to weaken against the US dollar which is strengthened again, supported by a hawkish statement by Fed officials, this time Michael Barr expressed caution in lowering interest rates in the future," he told VOI, Friday, October 10.

Lukman memproyeksikan pergerakan rupiah pada Jumat, 10 Oktober, bergerak dalam kisaran Rp16.500 per dolar AS hingga Rp16.600 per dolar AS.

Lukman projects that the movement of the rupiah on Friday, October 10, will move in the range of Rp. 16,500 per US dollar to Rp. 16,600 per US dollar.