18 November 2025, 09:47  Indonesia: Rupiah Downtrend Persists Ahead of Rate Decision.

The Indonesian rupiah weakened past 16,750 per dollar on Tuesday, marking its sixth straight session of losses amid caution ahead of Bank Indonesia’s rate decision on the following day. The central bank is widely expected to keep its benchmark rate at 4.75% after cutting a total of 150 basis points over the past year. However, mild inflation this year and next could provide room for further easing, according to Governor Perry Warjiyo, who also noted that current economic growth of around 5% remains below Indonesia’s potential. President Prabowo Subianto aims to lift growth to 8% during his term. So far this year, the rupiah has fallen about 3.8% against the dollar, one of the weakest performers in emerging Asia, pressured by a persistent current account deficit and softer prices for key export commodities such as coal and palm oil. Globally, the dollar index held steady near 99.5 ahead of a series of delayed U.S. economic data this week, including September’s non-farm payrolls report.

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