The Indonesian rupiah firmed toward 16,680 per dollar on Tuesday, snapping a three-day losing streak after briefly climbing above 16,700. Support strengthened after Bank Indonesia reiterated confidence in the external sector, citing resilient exports and stable foreign inflows. The central bank kept its policy rate at 4.75% in November for a second straight meeting after 150bps of cuts since September 2024, while signaling a near-term focus on currency stability and smoother policy transmission. Further support came as consumer confidence rose for a second month to a nine-month high in November, helped by expanded year-end cash handouts. However, gains were capped as traders turned cautious ahead of October retail sales data following five months of growth. Inflation risks also lingered due to logistics disruptions from late-November floods and landslides in Sumatra. Globally, the dollar index was steady as investors awaited the Federal Reserve’s final policy meeting of the year.