August 13, 2026 | 06:45 pm
TEMPO.CO, Jakarta - The rupiah exchange rate against the US dollar on Thursday closed flat at Rp17,877 per US dollar, from the previous close at Rp17,877.
Woori Bank analyst Rully Nova stated that the rupiah moved flat as the euphoria following the Morgan Stanley Capital International (MSCI) release faded.
Bank Indonesia's Jakarta Interbank Spot Dollar Rate (JISDOR) also weakened today to Rp17,882 per US dollar from Rp17,876 previously.
"The rupiah closed stable in today's trading, largely due to the fading euphoria surrounding the MSCI release and market players' focus on the candidate for Deputy Governor of Bank Indonesia," he said on Thursday, as quoted by ANTARA.
Global index provider MSCI Inc announced the MSCI Equity Indexes August 2026 Index Review on August 12, 2026, Central European Summer Time (CEST), with all changes taking effect at the close of trading on August 31, 2026, and effective September 1, 2026.
MSCI announced that it removed two Indonesian stocks from the MSCI Global Standard Index, and that no Indonesian stocks were included in the index. In addition, MSCI also made adjustments to the MSCI Global Small Cap Index category for Indonesian stocks, including one stock and removing nine stocks from the index.
Meanwhile, the government has sent a Presidential Letter (Surpres) to fill the position of Senior Deputy Governor of Bank Indonesia (BI). The government has proposed Aida S. Budiman for Senior Deputy Governor, while two other names have been proposed for Deputy Governor: Solikin M. Juhro and M. Anwar Bashori.
"Globally, it's still related to developments in the Middle East conflict, with no breakthrough in negotiations between the US and Iran, even though the index has stabilized below 100 and oil prices are starting to subside," Rully said.
Read: BI: Sharia Banking Financing Hits Rp720tn in June 2026
Click here to get the latest news updates from Tempo on Google News
Rupiah Weakens: What's Behind the Move?
1 hari lalu
Rupiah weakened by 16 points to Rp17,877 per US dollar from the previous close of Rp17,861.
Today's Top 3 News: Behind Rupiah's Latest Bounce Against US Dollar
2 hari lalu
Here is the list of the top 3 news on Tempo English today.
What Behind Rupiah's Latest Bounce Against US Dollar
3 hari lalu
The rupiah strengthened to Rp17,810 per US dollar on Monday, August 10, 2026.
After Signs of Intervention Intensified
6 hari lalu
Perry Warjiyo's resignation did not trigger major turmoil in the financial markets. Investors are now watching for signals about BI's independence.
Why Is CSIS Raising Concerns Despite Indonesia's 5.29% Growth?
6 hari lalu
Indonesia's economy grew 5.29% in Q2 2026, but CSIS warns the figure masks deeper vulnerabilities in the country's economic foundation.
Will Rupiah Strengthen After US Cancels Iran Strike?
10 hari lalu
Trump decided to delay a planned strike against Iran upon request from Gulf allies. Will this affect the rupiah exchange rate against US dollar?
Why the Rupiah Is Expected to Fluctuate Next Week
11 hari lalu
Analyst predicted the rupiah would remain volatile in the coming week, with potential movement between Rp18,020 and Rp18,070 per US dollar.
Rupiah Weakens as High Oil Prices Pressure Currency
14 hari lalu
Rupiah weakened by 38 points to Rp18,111 per US dollar, compared to the previous close of Rp18,073.
Rupiah Weakens as Markets Eye BI Policy Direction
16 hari lalu
The rupiah exchange rate on Tuesday morning weakened by 61 points or 0.34 percent to Rp18,070 per US dollar.
Did Perry Warjiyo's Exit as BI Governor Trigger the Rupiah Decline?
17 hari lalu
The exchange rate of the rupiah against the US dollar at the close of trading on Monday weakened by 46 points to Rp 18,009 per US dollar.
