Rupiah gains 0.15% as most Asian currencies rise against US dollar
The South Korean won led regional gains, while the Philippine peso, Thai baht and Malaysian ringgit weakened.
Indonesia’s rupiah strengthened to Rp18,003 per US dollar on 20 October 2026, gaining 0.15% after declining in the previous trading session. Refinitiv figures at 09:18 Western Indonesia Time showed gains for six of the 10 Asian currencies tracked.
The South Korean won recorded the largest rise, advancing 0.38% to KRW1,327.03 per US dollar. Singapore’s dollar gained 0.05%, Vietnam’s dong rose 0.04% and China’s yuan added 0.03%. The Japanese yen edged up 0.01%.
Taiwan’s dollar posted the steepest decline, falling 0.24%. The Philippine peso slipped 0.11%, while the Thai baht lost 0.03% and the Malaysian ringgit eased 0.01%.
The US dollar index, DXY, fell 0.06% to 101.914. In the preceding Monday session, it had risen about 0.20% to 101.98, ending two days of declines.
Chris Weston, head of research at Pepperstone Group, told Reuters that improving appetite for risk was drawing demand back to higher-yielding currencies. The yuan’s modest gain also followed the People’s Bank of China’s decision to leave its benchmark interest rate unchanged, in line with market expectations.
