The Indonesian rupiah hovered above IDR 17,900 per U.S. dollar on Thursday, remaining under pressure as the U.S. dollar index held near a 14-month high, as the Federal Reserve indicated support for tighter monetary policy. The hawkish outlook outweighed the positive impact of progress in U.S.-Iran peace talks, which had eased geopolitical tensions and reduced demand for haven assets. Locally, traders looked ahead to next week's June inflation data, with particular focus on food prices after they posted the fastest annual rise in seven months in May, reflecting the impact of El Ni