Rupiah Strengthens to Rp 17,590 Following the Release of Foreign Exchange Reserves for August 2026 and Iran's Threats Regarding Oil Infrastructure in the Gulf
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The rupiah strengthened 55 points to Rp17,577 per US dollar at the opening on Wednesday. Domestic sentiment and US dollar pressure supported the rupiah's strengthening.
The Rupiah exchange rate strengthened at the start of trading but is projected to move in a consolidative manner, with the market awaiting the release of Indonesian consumer confidence data.
The rupiah exchange rate opened stronger against the United States (US) dollar in trading this morning.
The Garuda currency opened at Rp17,588 per US dollar, up 0.25% from the previous day's close of Rp17,632.
Based on the latest market data on Wednesday morning, September 9, 2026, the Rupiah strengthened by 0.30% or 52.9 points to Rp17,572.1 per US Dollar. At the same time, the US Dollar Index (DXY) was observed at 98.778, indicating relatively flat movement with a weakening trend.
As of 9:00 a.m. WIB, the rupiah was trading at Rp 17,590 per US dollar, a 42-point, or 0.24 percent, gain from its previous level of Rp 17,632 per US dollar.
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