Rupiah opens weaker at Rp18,152 per US dollar
Demand at Indonesia’s government bond auction fell 52.1%, while markets awaited the Federal Reserve’s interest-rate decision.
Indonesia’s rupiah started trading on 28 October 2026 at Rp18,152 per US dollar, according to Refinitiv data. That represented a decline of 0.04%, or 7 points, from the previous session’s close as investors awaited a US Federal Reserve policy decision.
The currency had finished at Rp18,145 per US dollar on 27 October. At 09.00 WIB, the US dollar index, which tracks the currency against six major counterparts, was up 0.09% at 102.415.
In Indonesia’s government bond auction on 27 October, bids totalled Rp31.09 trillion, down 52.1% from the preceding auction. It was the lowest amount since November 2024. The government accepted Rp20.65 trillion, below its indicative target of Rp30 trillion.
For the FR0111 government bond series, which has a maturity of about 10 years, the weighted average yield on accepted bids reached 7.55%.
The Fed’s rate announcement was scheduled for 29 October 2026 at 01.00 WIB. Reuters reported on 28 October that markets assigned a 91% probability to rates remaining in the 3.75%-4.00% range. Investors were also watching for guidance on subsequent policy, particularly the possibility of a December rate increase.
