jakarta, Indonesia – November 20, 2025 – The Indonesian Rupiah opened sluggishly against the US dollar today, weakening to IDR 16,745 in early trading, according to Bloomberg data at 09:08 WIB. This follows a prior strengthening to 100.23 against the dollar, a gain of 0.01%.
The Rupiah’s performance reflects broader currency fluctuations across Asia amid expectations that the US Federal Reserve is unlikely to cut interest rates in December.This outlook, revealed in the Fed’s recent meeting minutes as reported by Reuters, has bolstered the dollar, which experienced a important six-week rise leading into Thursday’s trading.The Rupiah’s movement impacts Indonesian importers, exporters, and foreign investment, with further volatility anticipated as market participants assess the likelihood of future US monetary policy shifts.
Several other Asian currencies also demonstrated varied performance against the US dollar. The Japanese yen declined by 0.11% in earlier trading, while the Hong Kong dollar strengthened by 0.12%. The Singapore dollar and Taiwan dollar both weakened, falling 0.05% each. The South Korean Won experienced a 0.12% decrease, and the Philippine Peso weakened by 0.21%.
Later in the morning, the Chinese Yuan fell 0.04%, the malaysian Ringgit weakened 0.18%, and the Thai Baht also saw a slight decline of 0.06%. Conversely, the Indian Rupee showed resilience, strengthening 0.02%, and the Hong Kong dollar continued its upward trend, gaining up to 0.09%. the dollar index itself strengthened 0.02% to 100.24.
