Rupiah Weakens Against US Dollar Amid Global Uncertainty

Market Opening and Currency Trends

The Indonesian rupiah opened weaker against the US dollar today, falling 0.12% to Rp16,737 per USD ¹

. This movement was influenced by global sentiment as uncertainty surrounding potential US Federal Reserve rate cuts continues to strengthen the dollar ¹

Source 1

https://finansial.bisnis.com/read/20251113/90/1928487/kurs-bca-bri-bank-mandiri-dan-bni-hari-ini-1311-saat-rupiah-melemah

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Other Asian currencies showed mixed performance, with the Taiwanese dollar weakening 0.10% and the South Korean won falling 0.08%, while the Malaysian ringgit appreciated 0.05% against the USD ¹

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Bank Exchange Rates

Major Indonesian banks adjusted their USD exchange rates as follows:

1. BCA (BBCA):

   • E-rate: Rp16,715 (buy) / Rp16,735 (sell)
   • TT Counter: Rp16,545 (buy) / Rp16,845 (sell)
   • Bank Notes: Rp16,545 (buy) / Rp16,845 (sell)

2. BRI (BBRI):

   • E-rate: Rp16,714 (buy) / Rp16,738 (sell)
   • TT Counter: Rp16,630 (buy) / Rp16,830 (sell)

3. Bank Mandiri (BMRI):

   • Special Rate: Rp16,710 (buy) / Rp16,740 (sell)
   • TT Counter: Rp16,500 (buy) / Rp16,800 (sell)
   • Bank Notes: Rp16,525 (buy) / Rp16,825 (sell)

4. BNI (BBNI):

   • Special Rate: Rp16,716 (buy) / Rp16,746 (sell)
   • TT Counter: Rp16,580 (buy) / Rp16,880 (sell)
   • Bank Notes: Rp16,580 (buy) / Rp16,880 (sell)

Economic Outlook and Projections

Bank Indonesia projects economic growth at 5.33% for 2026, slightly below the government's target of 5.4% ¹

. The central bank is considering monetary support through rate cuts and liquidity expansion to achieve growth targets. Meanwhile, the OECD projects Indonesia's growth at 4.9% for 2026, lower than both government and BI expectations.