FXStreet reported USD/IDR near 18,180 during Asian trading Monday after the pair fell in the previous two sessions, as Indonesia’s latest figures showed faster import growth and easing annual inflation.
Statistics Indonesia (BPS) said Indonesia posted a $3.36 billion goods trade surplus in September. Exports reached $27.59 billion, up 11.87% from a year earlier, while imports totaled $24.23 billion, an 18.41% annual increase. The trade balance remained in surplus, but import growth exceeded export growth.
BPS put October inflation at 3.23% from a year earlier, down from 3.28% in September. Consumer prices rose 0.22% from the previous month. The annual rate was within Bank Indonesia’s (BI) 2026 target range of 1.5% to 3.5%.
BI said the rupiah had weakened 0.61% from the end of September through Oct. 20, citing Middle East tensions, tighter U.S. monetary policy and investor sentiment toward Indonesian stocks. On Oct. 21, the central bank kept its benchmark rate at 5.75% and said its measures aimed to support rupiah stability and attract foreign capital. EconoTimes previously covered BI’s expanded rupiah-support measures.
FXStreet also cited market pricing that implied about a 75% chance of a Federal Reserve rate increase in December. That figure is a market estimate, not a Fed forecast. The Fed’s next scheduled meeting is Dec. 8-9.
