Rupiah Projected to Move Flat Ahead of the New Year

Rupiah and US dollar (between)

JAKARTA - The rupiah exchange rate on Tuesday, December 30, 2025 is expected to move limited against the US dollar.

Citing data from Bloomberg, Monday, December 29, 2025, the spot rupiah exchange rate closed down 0.25 percent to Rp16,788 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 Rp16,788 per US dollar.

Doo Financial Futures analyst Lukman Leong said that the rupiah exchange rate is expected to move flat or consolidate with limited potential for a rebound.

He added that this condition occurred amid the lack of economic data releases and low trading activity ahead of the new year.

"The rupiah is expected to be flat/consolidating with limited potential for a rebound amid the lack of economic data and trading activity ahead of the year-end," he explained to VOI, Tuesday, December 30.

However, Lukman said that the prospect of cutting Bank Indonesia's interest rates was still a pressure, and the current rupiah position was considered to be at an oversold level.

"Although the prospect of BI interest rate cuts is still burdensome, the rupiah position is also oversold," he said.

Lukman estimates that the movement of the rupiah on Tuesday, December 30 will be in the range of Rp16,700-Rp16,850 per US dollar.