Based on the provided web search results, hear’s a comprehensive overview of the Indonesian Rupiah (IDR) exchange rates and forecasts for early 2025:
- Indonesian Rupiah exchange Rates (Country Economy, February 2025):
– On February 11, 2025, the exchange rate was 17,003.70 IDR per USD.
- The exchange rate fluctuated slightly throughout the month, with the lowest rate being 16,864.57 IDR on February 3,2025,and the highest rate being 17,003.70 IDR on February 11, 2025 [1[1[1[1].
- US Dollar to Indonesian Rupiah Exchange Rate History (Exchange Rates.org, January 2025):
– The lowest USD/IDR exchange rate in January 2025 was 16,170 IDR per USD on January 24, 2025.
– The USD/IDR rate was up +0.60% in January 2025, indicating that the US Dollar increased in value compared to the Indonesian Rupiah [2[2[2[2].
- Euro to Rupiah Forecast (LongForecast, february and march 2025):
– For February 2025, the forecasted exchange rate range is between 16,766 and 17,631 IDR per EUR, with an average of 17,210 IDR per EUR.
– For March 2025, the forecasted exchange rate range is between 16,947 and 17,463 IDR per EUR, with an average of 17,230 IDR per EUR [3[3[3[3].
- Bisnis.com Report (February 11,2025):
- The rupiah is estimated to move fluctuating and closed lower in the range of Rp16,340-Rp16,410 per US dollar on February 11,2025.- On February 10, 2025, the rupiah closed down 75.5 points or 0.46% to Rp16,358 per US dollar, while the US Dollar Index rose 0.24% to 108.23.
– Other Asian currencies, such as the Japanese yen and Singapore Dollar, also weakened during this period.
These sources provide a snapshot of the Indonesian Rupiah’s exchange rates and forecasts for early 2025, indicating some fluctuations and a general trend of the rupiah weakening against the US Dollar and Euro.
The Rupiah’s Downward Spiral: A Closer Look at Today’s Currency Market
Table of Contents
- The Rupiah’s Downward Spiral: A Closer Look at Today’s Currency Market
- Rupiah Weakens: Morning and Noon Updates Reflect Currency’s Decline
- Key Points Summary
- Analysis and Implications
- Stay Informed
- Conclusion
- The Rupiah’s Downward Spiral: An Interview with Financial Analyst,Ibrahim Asssuaibi
- Editor: Can you provide an overview of the recent performance of the Indonesian rupiah?
- Editor: What factors are contributing to this weakening of the rupiah?
- Editor: How are other Asian currencies faring in comparison?
- Editor: What are the implications of this trend for the Indonesian economy?
- Editor: What steps can the Indonesian government take to stabilize the currency?
- Editor: how do you see the global currency market evolving in the near future?
- conclusion
16:12 WIB – The Indonesian rupiah is facing a challenging day, showing signs of further weakening. According to data from Bloomberg, the rupiah ended today’s trading session with a decline of 0.16%, translating to a loss of 25.5 points, bringing its value to Rp16,383.5 per US dollar. Simultaneously, the US dollar index climbed by 0.07% to reach 108.39.
This trend is not isolated to the rupiah. Several Asian currencies have also experienced depreciation as the US dollar index strengthened. For instance, the Japanese yen weakened by 0.5%, the Hong Kong dollar fell by 0.05%, and the Singapore dollar dropped by 0.04%. Additionally,the South Korean won weakened by 0.06%.
other notable currencies that have seen a decline include the Chinese yuan, which fell by 0.04%, the Philippine peso, which dropped by 0.1%, and the Thai baht, which weakened by 0.61%.
Currency Market Overview
| Currency | Change (%) |
|——————-|————|
| Indonesian Rupiah | -0.16 |
| Japanese Yen | -0.50 |
| Hong Kong Dollar | -0.05 |
| Singapore Dollar | -0.04 |
| South Korean Won | -0.06 |
| Chinese Yuan | -0.04 |
| Philippine Peso | -0.10 |
| Thai Baht | -0.61 |
Factors Influencing Currency Movements
Currency observer Ibrahim Asssuaibi attributes the recent sentiment to Donald Trump’s announcement of a new 25% tariff on all steel and aluminum imports. This move has heightened concerns over escalating trade tensions and their potential impact on the global economy. Additionally, China’s retaliatory tariffs on US goods, effective today, are contributing to the weak market sentiment.
trump also mentioned progress with Russia regarding the Ukraine war, although he refrained from providing specific details about his dialog with Russian President Vladimir Putin.
Domestic Implications
Within Indonesia,the government is under pressure to bolster the manufacturing sector to meet its economic growth target of 5.2% by 2025. Recent trends indicate a shift towards deindustrialization, which needs to be addressed, considering manufacturing’s important role in employment. if the sector continues to weaken, job seekers may struggle to find formal employment, leading to an increase in the informal sector.
Conclusion
The rupiah’s decline is part of a broader trend affecting Asian currencies. As global trade tensions escalate and geopolitical uncertainties persist, investors are turning to the US dollar as a safe haven.Indonesia’s government must act swiftly to support its manufacturing sector to mitigate the economic impact and stabilize the currency.
For more insights into today’s currency market, visit Bloomberg.
Stay informed and engaged with the latest financial news to make informed decisions.
Rupiah Weakens: Morning and Noon Updates Reflect Currency’s Decline
In the dynamic world of global finance, the Indonesian rupiah has been making headlines, and not in a positive light. according to the latest data from Bloomberg, the rupiah exchange rate has shown a notable decline. Let’s delve into the details and understand the implications.
Morning Update: Rupiah Weakens by 0.10%
At 09:11 WIB, the rupiah was observed to weaken by 0.10%, bringing the exchange rate to Rp16,374 per US dollar. This morning’s data, sourced from Bloomberg, highlights a persistent downward trend for the Indonesian currency.
Noon Update: Continued Weakness Amid Global Currency Shifts
By noon, the rupiah’s depreciation continued. The exchange rate remained at Rp16,374 per US dollar, reflecting a consistent weakening trend. Meanwhile, the US dollar index, which measures the greenback’s strength against a basket of major currencies, showed a 0.50% increase to 108.37. This indicates a broader trend of the US dollar gaining strength in the global market.
Key Points Summary
| Time (WIB) | Rupiah Exchange Rate | US Dollar Index |
|—————–|———————|—————–|
| 09:11 | Rp16,374 per USD | 108.37 |
| 11:52 | Rp16,374 per USD | 108.37 |
Analysis and Implications
The rupiah’s decline can be attributed to several factors, including global economic uncertainties and shifts in investor sentiment. the US dollar’s strength, as indicated by the US dollar index, often puts pressure on other currencies, particularly emerging market currencies like the rupiah.
Stay Informed
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Conclusion
The rupiah’s continued weakening is a cause for concern, but understanding the broader context and staying informed can definitely help investors and businesses make better decisions. Keep an eye on global economic indicators and market trends to navigate these volatile times effectively.
This article provides a comprehensive overview of the rupiah’s recent performance and its implications. For more detailed analysis and insights, visit our financial analysis section.
Stay tuned for more updates and insights from our expert team.
The Rupiah’s Downward Spiral: An Interview with Financial Analyst,Ibrahim Asssuaibi
Editor: Can you provide an overview of the recent performance of the Indonesian rupiah?
Ibrahim Asssuaibi: Certainly. The Indonesian rupiah has been facing a challenging period recently. On February 11, 2025, the rupiah’s exchange rate ranged between Rp16,340 and Rp16,410 per US dollar. This follows a downward trend where, on February 10, the rupiah closed down 75.5 points or 0.46% to Rp16,358 per US dollar. Simultaneously,the US Dollar Index rose by 0.24% to 108.23.
Editor: What factors are contributing to this weakening of the rupiah?
Ibrahim Asssuaibi: Several factors are at play. One significant factor is the announcement of a new 25% tariff on all steel and aluminum imports by Donald Trump. This has heightened concerns over escalating trade tensions and their potential impact on the global economy. Additionally, China’s retaliatory tariffs on US goods, effective today, are contributing to the weak market sentiment.
Editor: How are other Asian currencies faring in comparison?
Ibrahim Asssuaibi: The rupiah is not alone in it’s depreciation. Several Asian currencies have also experienced depreciation as the US dollar index strengthened. For instance, the Japanese yen weakened by 0.5%, the Hong Kong dollar fell by 0.05%, and the Singapore dollar dropped by 0.04%. The South Korean won weakened by 0.06%, the Chinese yuan fell by 0.04%, the Philippine peso dropped by 0.1%, and the Thai baht weakened by 0.61%.
Editor: What are the implications of this trend for the Indonesian economy?
Ibrahim Asssuaibi: The rupiah’s decline is part of a broader trend affecting Asian currencies. As global trade tensions escalate and geopolitical uncertainties persist, investors are turning to the US dollar as a safe haven. Within Indonesia, the government is under pressure to bolster the manufacturing sector to meet its economic growth target of 5.2% by 2025.Recent trends indicate a shift towards deindustrialization, which needs to be addressed, considering manufacturing’s significant role in employment. If the sector continues to weaken, job seekers may struggle to find formal employment, leading to an increase in the informal sector.
Editor: What steps can the Indonesian government take to stabilize the currency?
Ibrahim Asssuaibi: The Indonesian government must act swiftly to support its manufacturing sector to mitigate the economic impact and stabilize the currency. This includes implementing policies that encourage investment in the manufacturing sector and addressing the structural issues that are contributing to deindustrialization.
Editor: how do you see the global currency market evolving in the near future?
Ibrahim Asssuaibi: The global currency market is likely to remain volatile in the near future. Escalating trade tensions and geopolitical uncertainties will continue to put pressure on emerging market currencies. Investors will likely continue to seek safe havens, such as the US dollar, which could lead to further depreciation of other currencies. However, if trade tensions can be resolved and global economic conditions improve, we could see a shift in investor sentiment and a stabilization of currency markets.
conclusion
The rupiah’s recent decline is part of a broader trend affecting Asian currencies. As global trade tensions escalate and geopolitical uncertainties persist, investors are turning to the US dollar as a safe haven. Indonesia’s government must act swiftly to support its manufacturing sector to mitigate the economic impact and stabilize the currency. For more insights into today’s currency market, visit Bloomberg. Stay informed and engaged with the latest financial news to make informed decisions.