Rupiah ends week down 0.61 per cent despite Friday recovery
Bank Indonesia said it would continue currency stabilisation measures, while the Philippine peso recorded the largest weekly decline among Asian currencies.
Indonesia’s rupiah gained 0.19 per cent to close at Rp18,190 per US$1 on 13 November 2026, but still posted a weekly loss of 0.61 per cent, according to CNBC Indonesia.
The rebound followed declines on Wednesday and Thursday. On Thursday, the currency reached a record low of Rp18,255 per US$1. The dollar index climbed to 103.4, its highest level since the trade war began in April 2025.
Bank Indonesia said it would maintain efforts to stabilise the rupiah. Erwin Gunawan Hutapea, head of its Monetary and Securities Asset Management Department, said on 12 November that the currency’s movements remained broadly consistent with regional peers, with a monthly decline of 0.11 per cent.
The central bank’s measures include offshore non-deliverable forward transactions, domestic non-deliverable forwards and spot-market operations. It also buys government securities on the secondary market to support financial-market stability.
Elsewhere in the region, the Philippine peso lost 1.16 per cent over the week, the steepest fall among Asian currencies, followed by the Thai baht’s 0.86 per cent decline. Regina Capital Development Corporation sales head Luis Limlingan said continuing macroeconomic pressures were keeping investors cautious and limiting their appetite for risk.
