Rupiah opens at record low of 18,198 per dollar
Rates
Wednesday, November 11, 2026
- Updated Nov 11, 2026 22:05
The Indonesian rupiah opened on Thursday at 18,198 per US dollar, down 49 points or 0.27 percent from Wednesday's close of 18,149, a record low for the currency.
Why it matters: A record low hours after MSCI's November review cut Indonesia's standard index membership keeps the pressure on Bank Indonesia, which has been defending a currency already down sharply this year on foreign equity outflows.
Data as of Antara News Agency market-open report of November 12, 2026 (Jakarta time), in Indonesian, read in full via the estate browser route; the record-low characterisation is Bloomberg's, in its report of the same morning. Developing item.
The rupiah weakened 49 points, or 0.27 percent, at Thursday’s open in Jakarta to 18,198 per US dollar, from a previous close of 18,149, Antara reported. Bloomberg characterised the level as a record low for the currency, attributing the pressure to MSCI index concerns and oil risks.
The move came hours after MSCI’s November index review removed Barito Pacific from its global standard indexes and moved Bumi Resources Minerals to small cap, cutting Indonesia’s standard index membership from nine stocks to seven, with the changes effective after the close on November 30.
Sources
- Rupiah pada Kamis pagi melemah jadi Rp18.198 per dolar AS - Antara News Agency - 2026-11-12
- IDR/USD: Indonesian Rupiah Drops to Record Amid MSCI Concerns, Oil Risks - Bloomberg - 2026-11-12