Rupiah to USD Exchange Rate – November 26, 2025
Here’s a breakdown of the key information from the provided text, categorized for clarity:
1. Currency Market Performance (November 25, 2025, 3:00 PM WIB):
* Indonesian rupiah (IDR): Strengthened 0.25% to IDR 16,656 per US dollar.
* US Dollar index: Strengthened 0.02% to 100.16.
* Other Asian Currencies:
* Strengthened: Japanese Yen (0.15%),Hong Kong Dollar (0.07%), Singapore Dollar (0.14%), South Korean Won (0.39%), Chinese Yuan (0.11%), Malaysian Ringgit (0.05%), Thai Baht (0.21%).
* Weakened: Philippine Peso (0.06%).
* Stagnant: Taiwan Dollar.
2. Factors Influencing Currency Markets – US Federal Reserve (Fed) & economic Data:
* Expectation of Rate Cuts: Market players are increasingly confident the fed will cut interest rates at its December meeting.
* Dovish Fed Signals: Comments from Fed Governor Christopher Waller and New York Fed President John Williams support a potential 25 basis point (bps) rate cut in December.
* Probability of Rate Cut: The CME fedwatch tool indicates a nearly 80% chance of a rate cut, up from 30% previously.
* Upcoming Economic Data: Markets are awaiting US Producer Price Index (PPI) and Retail Sales data for further clues. PPI is expected to rise 0.3% MoM in September, and Retail Sales are projected to increase 0.4% MoM.
3. Indonesian Economic Outlook & goverment Policy:
* Government Goal: president Prabowo Subianto aims for a balanced or surplus budget (no deficit) by 2027/2028.
* Current Deficit Target: The 2026 budget deficit target is 2.48% of GDP.
* Revised Deficit Target: The Ministry of Finance increased the 2026 deficit target to 2.68% of GDP, which was approved by the House of Representatives.
In essence, the article highlights a generally positive trend for most Asian currencies, driven by expectations of a more dovish US Federal Reserve policy. It also touches on Indonesia’s fiscal goals and a recent adjustment to its deficit target.
