Market

Premium

Rupiah Opens Weaker, Approaches 17,300 (Thursday, April 23, 2026)

Erlina Fury Santika 23/04/2026 14:02 WIB

Bagikan URL has been copied

Memuat...

In the daily spot market, the rupiah was observed weakening, now at a level of 17,293 per dollar at 1:30 PM WIB. According to Bloomberg, it even reached 17,300 in the morning.

US Dollar to Indonesian Rupiah Exchange Rate (March 23–April 23, 2026*)

A Small Font
A Medium Font
A Bigger Font

You are accessing content Single Data Premium.
To continue, please subscribe or buy individually.

Professional

Enjoy premium access with a more affordable price.

Start from

~~Rp300.000~~ 150.000/month

Access more premium content and exclusive features for customers.

Start from

50.000/month

Hanya Rp833 per artikel

More details »

Buy Retail

Read the article immediately “Rupiah Opens Weaker, Approaches 17,300 (Thursday, April 23, 2026)”.

Rp10.000

We accept the following payments:

Some payment methods are still in the process of being activated.

US Dollar to Indonesian Rupiah Exchange Rate (March 23–April 23, 2026*)

Download

Source

A Small
A Medium
A Bigger

The rupiah weakened in the spot market. According to data compiled from Investing.com, the US dollar exchange rate against the rupiah reached Rp17,293 at 1:30 PM WIB.

The rupiah fell by 136.8 points, or 0.80%, compared to the previous trading session.

Earlier in the morning, the currency had even touched the 17,300 level, based on data published by Bloomberg as of 10:33 AM WIB.

Citing Katadata, economist and currency and commodity observer Ibrahim Assuaibi said that both external and internal factors are believed to be driving the rupiah’s depreciation.

He noted that the rupiah’s weakening past the 17,000 level occurred faster than initially expected, which had been projected for the end of April 2026.

From the external side, geopolitical tensions involving Iran, Israel, and the United States are among the key drivers.

“In this week’s meeting between the US and Iran facilitated by Pakistan, Iran did not attend the negotiations because the US had violated the ceasefire agreement by seizing Iranian tankers passing through the Strait of Hormuz,” Ibrahim said in a statement on Thursday (April 23, 2026).

According to him, Iran has lost trust in the US and is prepared for a prolonged conflict.

The situation has been further complicated by a unilateral ceasefire claim by the US, which included conditions such as prohibiting Iran from imposing tariffs in the Strait of Hormuz and requiring uranium to be transferred and stored in the US.

“These two conditions are unlikely to be accepted by Iran, as they are part of a country’s sovereign rights and obligations. Therefore, Iran does not want to be intervened in by the US,” he added.

On the domestic side, Ibrahim pointed out that large portions of government debt are nearing maturity, which could weigh on fiscal performance.

Another recent internal factor is the government’s decision to raise prices of non-subsidized fuel while keeping subsidized fuel prices unchanged.

“Not increasing subsidized fuel prices means the government’s subsidy burden will grow, forcing it to find budget reallocations to support subsidized fuel like Pertalite. This could lead to a widening fiscal deficit again,” Ibrahim explained.

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

Related Data

Indonesian Rupiah Entered the World's Weakest Currency Group in Early April 2026

After Briefly Strengthening, the Rupiah Falls Back to 17,112 (Friday, April 10, 2026)

Rupiah Ends Down at 17,037 (Monday, April 6, 2026)

Developing Countries’ Currencies Weaken Following the US–Iran War

War Continues, Rupiah Strengthens to 16,905 Level (Wednesday, March 25, 2026)

The US-Israel War Against Iran has Caused the Rupiah to Weaken

Latest Data Stories

Duck Egg/Muscovy Duck Egg Production 2013-2025 Education 23/04/2026, 16:26 WIB

Average Per Capita Monthly Expenditure in Riau 2015 - 2024 Consumer Services & Health 23/04/2026, 15:59 WIB

Cooking Oil Prices in Traditional Markets for the April 2025-2026 Period Economics & Macro 23/04/2026, 15:39 WIB

BYD Tops Chinese Car Brands in Indonesia’s Market in Q1 2026 Transportation & Logistics 23/04/2026, 15:28 WIB

Today's Food Prices (23/4) in South Sumatra: Onion, Sugar and Oil Prices Rise Economics & Macro 23/04/2026, 15:12 WIB

Percentage of Poor Population in Indonesia 2013-2025 Demographics 23/04/2026, 15:03 WIB

Download

Source

Rupiah Opens Weaker, Approaches 17,300 (Thursday, April 23, 2026)

Tags

Related Data

Indonesian Rupiah Entered the World's Weakest Currency Group in Early April 2026

After Briefly Strengthening, the Rupiah Falls Back to 17,112 (Friday, April 10, 2026)

Rupiah Ends Down at 17,037 (Monday, April 6, 2026)

Developing Countries’ Currencies Weaken Following the US–Iran War

War Continues, Rupiah Strengthens to 16,905 Level (Wednesday, March 25, 2026)

The US-Israel War Against Iran has Caused the Rupiah to Weaken

Latest Data Stories

Popular Data

Rupiah Opens Weaker, Approaches 17,300 (Thursday, April 23, 2026)

Tags

Related Data

Indonesian Rupiah Entered the World's Weakest Currency Group in Early April 2026

After Briefly Strengthening, the Rupiah Falls Back to 17,112 (Friday, April 10, 2026)

Rupiah Ends Down at 17,037 (Monday, April 6, 2026)

Developing Countries’ Currencies Weaken Following the US–Iran War

War Continues, Rupiah Strengthens to 16,905 Level (Wednesday, March 25, 2026)

The US-Israel War Against Iran has Caused the Rupiah to Weaken

Latest Data Stories

Trending Topics

Popular Data