Rupiah has the potential to weaken amid the strengthening of the US dollar and risk-off sentiment

Illustration. (Photo: Dok. Antara)

JAKARTA - The rupiah exchange rate on Friday, February 6, 2026 is expected to weaken against the US dollar.

To note, quoting Bloomberg, on Thursday, February 5, the spot rupiah exchange rate closed down 0.39 percent to Rp16,842 per US dollar.

Meanwhile, the Jakarta Interbank Spot Dollar Rate (Jisdor) exchange rate of the Bank Indonesia (BI) closed down 0.30 percent to the price level of Rp16,826 per US dollar.

Doo Financial Futures analyst Lukman Leong said the rupiah is expected to weaken as the US dollar strengthens, driven by increased risk-off sentiment and selling in almost all assets.

"The rupiah is expected to weaken against the US dollar which strengthened amid rising risk-off and sell-off sentiments in almost all assets," he told VOI, Friday, February 6.

In addition, Lukman said that pressure on the rupiah also increased due to the downgrade of Indonesia's credit rating outlook by Moody's to negative.

"The rupiah is also increasingly pressured by the downgrade of Indonesia's credit rating by Moody's to negative," he said.

Meanwhile, Lukman said that currently, market participants are waiting for the release of Indonesia's current transaction data, which is scheduled for this afternoon.

"Investors are waiting for Indonesia's foreign exchange reserves data this afternoon," he explained.

Lukman estimates that the movement of the rupiah on Friday, February 6, 2026 will be in the range of Rp16,800-Rp16,900 per US dollar.