Rupiah BI JISDOR Depreciates to 17,915 (Thursday, July 23, 2026)
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The Jakarta Interbank Spot Dollar Rate (JISDOR) from Bank Indonesia (BI) shows that the exchange rate of the US dollar against the rupiah reached Rp17,915 at the close of trading on Thursday (23/7/2026).
The figure depreciated slightly by 0.03% from the previous day's close of Rp17,909 per US$.
A report by Katadata stated that the rise in global crude oil prices due to increasing geopolitical tensions in the Middle East remains the main sentiment pressuring the Garuda currency.
Doo Financial analyst Lukman Leong had predicted this weakening. He said that the rupiah could still be under pressure as global oil prices rise again due to geopolitical tensions in the Middle East.
"The rupiah is expected to weaken against the US dollar amid rising oil prices triggered by geopolitical tensions in the Middle East," said Lukman on Thursday (23/7/2026).
However, he noted that the rupiah's weakening would not be too severe because domestic sentiment has started to improve in recent times.
"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."
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