Rupiah opens 40 points lower at Rp17,795 per US dollar
Higher oil prices at $83.21 a barrel and tensions in the Strait of Hormuz weighed on the rupiah at the open.
Higher oil prices at $83.21 a barrel and tensions in the Strait of Hormuz weighed on the rupiah at the open.
Oil prices jumped after US-Iran attacks, pressuring the rupiah; analysts see it trading between Rp18.000 and Rp18.150.
Analysts cite U.S. strikes on Iran and disruption in the Strait of Hormuz as pressure on the rupiah, despite higher reserves.