The Indonesian rupiah strengthened to around 16,370 per dollar on Tuesday, rebounding from 16,415 in the prior session. The recovery followed the government’s announcement of a fresh IDR 16.2 trillion stimulus package to be implemented in Q4 2025, with some measures extended into 2026. New Finance Minister Purbaya Yudhi Sadewa said the plan would not alter the 2025 budget deficit forecast of 2.78% of GDP. Last week, authorities deployed IDR 200 trillion into five state-owned banks to boost liquidity, spur lending, and support growth. On monetary policy, Bank Indonesia is expected to keep rates unchanged at 5% on Wednesday after back-to-back cuts in July and August. In early September, the rupiah hovered at a one-month low following the sudden exit of Sri Mulyani Indrawati, long respected for her prudent fiscal stance, amid nationwide protests. Meanwhile, the dollar index held steady at around 97.3, near a two-month low, as markets awaited a Fed rate cut