JAKARTA - The rupiah exchange rate on Wednesday, February 11, 2026 is expected to strengthen against the US dollar.
To note, quoting Bloomberg, on Tuesday, February 10, the spot rupiah exchange rate closed down 0.04 percent to Rp16,811 per US dollar.
Meanwhile, the Jakarta Interbank Spot Dollar Rate (Jisdor) exchange rate of the Bank Indonesia (BI) closed up 0.23 percent to a price level of Rp16,799 per US dollar.
Doo Financial Futures analyst Lukman Leong said the rupiah is expected to strengthen against the US dollar, which is still under pressure after US retail sales data was released weaker than expected.
However, he added that the US dollar had received support from hawkish statements by a number of Fed officials last night.
"The rupiah is expected to strengthen against the US dollar which is still under pressure after weaker than expected retail sales data, even though it has support from hawkish statements by Fed officials last night," he told VOI, Wednesday, February 11.
In addition, Lukman said that the strengthening of the rupiah is expected to be limited because investors tend to be wait and see ahead of the release of US employment data (Non-Farm Payrolls/NFP) tonight.
"The strengthening is expected to be limited, investors tend to wait and see in anticipation of the US NFP employment data tonight," he said.
Lukman estimates that the movement of the rupiah on Wednesday, February 11, 2026 will be in the range of Rp16,750-Rp16,850 per US dollar.
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