Indonesian Rupiah Strengthens Against US Dollar on December 1, 2025

Currency Market Overview

The Indonesian rupiah opened stronger against the US dollar on Monday, December 1, 2025, appreciating 0.10% to Rp16,658 per USD. This movement comes as several Asian currencies also showed mixed performance, with yen strengthening 0.40%, Singapore dollar gaining 0.10%, and Philippine peso rising 0.03%. Conversely, Hong Kong dollar weakened 0.03%, Taiwan dollar fell 0.09%, and Indian rupee declined 0.10%.

Major Banks' Exchange Rates

Major Indonesian banks have set the following US dollar exchange rates:

1. Bank Central Asia (BCA - BBCA):

   • E-rate: Buy Rp16,652, Sell Rp16,672
   • TT Counter: Buy Rp16,475, Sell Rp16,775
   • Bank Notes: Buy Rp16,475, Sell Rp16,775

2. Bank Rakyat Indonesia (BRI - BBRI):

   • E-rate: Buy Rp16,658, Sell Rp16,685
   • TT Counter: Buy Rp16,570, Sell Rp16,770

3. Bank Mandiri (BMRI - BMRI):

   • Special Rate: Buy Rp16,630, Sell Rp16,660
   • TT Counter: Buy Rp16,450, Sell Rp16,750
   • Bank Notes: Buy Rp16,450, Sell Rp16,750

4. Bank Negara Indonesia (BNI - BBNI):

   • Special Rate: Buy Rp16,654, Sell Rp16,684
   • TT Counter: Buy Rp16,510, Sell Rp16,810
   • Bank Notes: Buy Rp16,510, Sell Rp16,810

Market Outlook

Ibrahim Assuaibi from PT Traze Andalan Futures predicts that the rupiah will move fluctuatingly in the range of Rp16,670-Rp16,710 per USD during today's trading session. The market's expectation is influenced by the potential Federal Reserve rate cut in December 2025, with an 85% probability of a 25 basis point reduction according to the CME FedWatch Tool. This expectation has contributed to the rupiah's strengthening against the US dollar.