The rupiah weakened to Rp18,033 per US dollar on the morning of Thursday, 22 October 2026, according to ANTARA News Jambi. Bisnis.com - Market also reported on the currency's movement against the dollar that day.
The rupiah's direction was tied to investors waiting for signals from the US Federal Reserve, KONTAN reported. A separate Kompas.com report put the currency at Rp18,083 and raised the question of whether Bank Indonesia's decision to hold its benchmark interest rate had been the right call.
On the policy side, President Prabowo coordinated efforts on strengthening rupiah stability, the exchange rate and control of food inflation, according to the Presidential Secretariat. The details of those measures were not set out in the reporting.
The rupiah's level against the dollar remains the main gauge markets are watching, with the central bank's rate stance and the Fed's next moves both in focus.
