The rupiah opened weaker on Monday, 26 October 2026, trading at Rp18,050 per US dollar at the market open, down 0.06 percent, or 10 points, from Friday’s close of Rp18,040 per US dollar.
MSCI sentiment weighs
Erwin Gunawan Hutapea, Head of Monetary Management and Securities Asset Department at Bank Indonesia, said pressure on the rupiah can still be managed, although the exchange rate had weakened beyond Rp18,000 per US dollar. He said the market is gradually digesting the impact of the MSCI sentiment, so pressure on the exchange rate is expected to ease.
The weakening came even as the US dollar index slipped. The index stood at 101,636 at 09:00 WIB, down 0.17 percent.
Oil and geopolitical backdrop
Oil prices had surged sharply the previous week on rising geopolitical tensions in the Middle East.
Markets were also awaiting US data releases and a Federal Reserve rate decision during the week.
Related: Rupiah weakens past 18,000 per dollar as Treasury yields rise · Rupiah slides to 18,000/dollar on MSCI reclassification news
Source: Bank Indonesia
