Rupiah closes at Rp18,120 per US dollar after second day of gains
Bank Indonesia reaffirmed its focus on currency stability following concerns about further rupiah weakness if foreign capital outflows persist.
Indonesia’s rupiah gained 0.03 per cent to close at Rp18,120 per US dollar on 30 October 2026, according to Refinitiv data. It was the currency’s second consecutive trading day of gains, following a close of Rp18,125 on 29 October.
The advance followed an earlier record-low closing level. Meanwhile, the US dollar index, which tracks the dollar against six major currencies, was down 0.23 per cent at 101.800 as of 15:00 Western Indonesian Time.
Bank Indonesia governor Destry Damayanti said on 30 October that maintaining rupiah stability remained the central bank’s priority. She said Indonesia’s economic fundamentals were relatively sound compared with peer countries.
Her comments followed a warning from Hashim Djojohadikusumo that the rupiah could weaken to Rp20,000–Rp21,000 per US dollar if foreign capital continued to leave because of problems in Indonesia’s capital market. Bank Indonesia also has tools beyond interest rates to support stability, including hedging cost incentives, macroprudential policies and Bank Indonesia Rupiah Securities, or SRBI.
The dollar weakened despite US labour figures released on 29 October showing initial unemployment benefit claims fell to 194,000 for the week ending 24 October, from 195,000 previously and below market expectations of 199,000. Continuing claims declined to 1.701 million, their lowest level in more than three years.
