Rupiah continues to fall


SUARA NEGERI | JAKARTA — The rupiah exchange rate against the US dollar has reached around Rp18,000/US$ in non-deliverable forward (NDF) trading.

According to Refinitiv, today, Wednesday (May 27, 2026) at 10:16 a.m. Western Indonesian Time (WIB), the Garuda currency exchange rate has reached Rp17,800/US$, even Rp18,000/US$, its lowest level in history.

For the 1-week (SW) tenor, the NDF rate is in the range of Rp17,832-17,840 per US dollar, while the 1-year tenor has reached Rp18,228-18,245.

For the record, an NDF is an instrument that trades currencies for a specific period of time at a specific exchange rate. The NDF market does not yet exist in Indonesia; it is only available in international financial centers such as Singapore, Hong Kong, New York, or London.

The NDF market often influences the psychological structure of spot market prices. Therefore, NDF rates often follow those in the spot market.(R/mas)

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  • Rupiah continues to fall
  • Rupiah continues to fall
  • Rupiah continues to fall
  • Rupiah continues to fall
  • Rupiah continues to fall
  • Rupiah continues to fall