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Rupiah weakens due to geopolitical uncertainty in the Middle East

World 1 source 1 country 🔦 Under-reported 25m ago

The Indonesian rupiah weakened against the United States dollar during Thursday morning's trading session, driven by market sentiment surrounding ongoing geopolitical uncertainty in the Middle East. At the opening of trade, the exchange rate dropped by 2 points, representing a 0.01 percent decrease.

Following the downward movement, the rupiah was recorded trading at Rp17.879 per U.S. dollar. The currency adjustment reflects broader regional market reactions to external geopolitical pressures affecting foreign exchange rates.

In-depth summary · AI, neutral
Read the full story at the source Antara News (Jakarta, Indonesia) · ID
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