Rupiah Exchange Rate in Indonesia's 5 Largest Banks - February 11, 2025 Update

Saham News - Posted on 11 February 2025 Reading time 5 minutes

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Rupiah Weakens to IDR 16,385 per US Dollar Amid US Tariff Concerns

The Indonesian rupiah depreciated against the US dollar in the spot market on Monday (10/2/2025).

 

According to Bloomberg data, as of 09:42 AM WIB, the rupiah stood at IDR 16,385 per US dollar, weakening by 28 points or 0.17 percent compared to the previous closing level of IDR 16,357 per US dollar.

 

Currency market analyst Ariston Tjendra stated that heightened investor caution regarding US tariff policies, which have been reintroduced by Donald Trump, has driven a shift towards safe-haven assets. As a result, riskier currencies, including the rupiah, have come under pressure.

 

"Global gold prices continue to rise, while the rupiah could weaken further towards IDR 16,400, with potential support at around IDR 16,300," he noted.

 

Referring to the Jakarta Interbank Spot Dollar Rate (Jisdor), the rupiah’s exchange rate on Monday (10/2/2025) was recorded at IDR 16,350 per US dollar, down from IDR 16,325 per US dollar on Friday (7/2/2025).

 

Meanwhile, the selling rate for the US dollar at major Indonesian banks varied. Bank Rakyat Indonesia (BRI) set its selling rate at IDR 16,430 per US dollar, meaning the bank sells dollars at that price.

 

Here are the exchange rates for the rupiah against the US dollar at five major banks:

  • BRI: Sell IDR 16,430 | Buy IDR 16,330
  • Bank Mandiri: Sell IDR 16,365 | Buy IDR 16,355
  • BNI: Sell IDR 16,396 | Buy IDR 16,376
  • BCA: Sell IDR 16,395 | Buy IDR 16,370
  • CIMB Niaga: Sell IDR 16,360 | Buy IDR 16,349

Exchange rates are subject to change depending on market movements.


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Source: kompas.com

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