Rupiah ends down 114 points at Rp18,128 per dollar
Oil's rise to around $74-$75 a barrel and safe-haven demand for dollars added pressure on Asian currencies.
Antara News, Republika +1
Oil's rise to around $74-$75 a barrel and safe-haven demand for dollars added pressure on Asian currencies.
Investors are also watching MSCI and FTSE Russell reviews, with BI expected to raise rates 25 basis points to 5.75%.
Analysts say strong U.S. labor data has shifted expectations toward another Fed rate hike, weighing on risk appetite.
Rising energy import costs, dividend payments and foreign debt obligations are adding to domestic demand for dollars.
Series: Indonesian Rupiah · Exchange Rate Slide · 5 chapters since Jun 3