US Dollar Weakens Against Rupiah in Morning Trade

Currency Market Dynamics

The US dollar experienced a decline against the Indonesian rupiah during morning trading, positioning itself at Rp 16,634/US$. This represented a decrease of 29 points or 0.17% compared to the previous trading day's closing rate of Rp 16,675. According to data from Bloomberg on Tuesday (December 2, 2025), the dollar opened trading at Rp 16,637. Throughout the morning session, the currency pair demonstrated volatility within a range of Rp 16,628 to Rp 16,639.

Historical Context

Examining the broader historical perspective, the US dollar has exhibited significant fluctuation against the rupiah over the past 52 weeks. The currency pair has traded within a broad range of Rp 15,828 to Rp 17,224. This variability underscores the dynamic nature of the foreign exchange market and the various factors influencing currency valuations.

Regional Currency Performance

The US dollar's performance against other Asia-Pacific currencies displayed mixed results. Notably, the dollar strengthened against several regional currencies, including:

• New Taiwan dollar: 0.03%
• South Korean won: 0.11%
• Indian rupee: 0.11%
• Chinese yuan: 0.06%
• Thai baht: 0.18%
• Japanese yen: 0.11%
• Hong Kong dollar: 0.02%
• Singapore dollar: 0.01%

Conversely, the dollar experienced a decline against the Philippine peso, weakening by 0.28%. Against the Malaysian ringgit and Australian dollar, the US currency remained stagnant.

Market Implications

The mixed performance of the US dollar against various regional currencies reflects the complex interplay of global economic factors and currency market dynamics. The dollar's weakening against the rupiah may be attributed to various factors including economic indicators, monetary policy expectations, and market sentiment.