JAKARTA - The rupiah exchange rate in trading Monday, November 24, 2025, is estimated to have strengthened against the United States (US) dollar.
In the spot market, the rupiah moved slightly higher in the opening of trading at the beginning of Monday, November 24, the rupiah was recorded to be opened at IDR 16,707 per US dollar, or up 0.09 percent slightly compared to Friday's closing, November 24, which was at IDR 16,716 per US dollar.
Citing Bloomberg data, at the end of last week, Friday, November 21, 2025, the rupiah spot exchange was closed higher by 0.12 percent to the level of Rp. 16,716 per US dollar.
Meanwhile, the Jakarta Interbank Spot Dollar Rate (Jisdor) exchange rate of Bank Indonesia (BI) closed up 0.14 percent to a price level of Rp. 16,719 per US dollar.
Doo Financial Futures analyst Lukman Leong said that the rupiah is estimated to have the potential to strengthen against the US dollar as market sentiment recovers from concerns about the AI bubble and hopes of increasing interest rates by the Fed in December.
BACA JUGA:
- https://voi.id/ekonomi/535727/rupiah-jumat-diproyeksi-bergerak-fluktuatif-cenderung-melemah
- https://voi.id/ekonomi/535312/rupiah-berpeluang-menguat-tipis-investor-menanti-data-ekonomi-as-dan-ri
- https://voi.id/ekonomi/522917/pertamina-patra-niaga-hentikan-penyaluran-pertalite-ke-spbu-yang-lakukan-pelanggaran-di-jayapura
"Rupiah is expected to have the potential to strengthen against the US dollar amid market sentiment recovering from AI bubble concerns by the Fed's increased hopes of cutting interest rates in December," he told VOI, Monday, November 24.
However, he added that the heated tension between China and Japan is expected to limit the strengthening.
Lukman projects that the movement of the rupiah on Monday, November 24, will move in the range of Rp. 16,660 per US dollar to Rp. 16,750 per US dollar.
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