In Indonesia, the 5.61 percent economic growth is not in line with the strengthening of the rupiah exchange rate.

Despite the market volatility, analysts insist the current situation bears little resemblance to the 1998 Asian Financial Crisis, when the rupiah collapsed.

Nilai tukar rupiah kembali bergerak melemah terhadap dollar Amerika Serikat (AS) pada perdagangan Jumat (22/5/2026).

In Indonesia, the 5.61 percent economic growth is not in line with the strengthening of the rupiah exchange rate.

Pelemahan kurs rupiah sejalan dengan penguatan indeks dollar AS yang diproyeksikan tetap bertahan di atas level 100 di pekan terakhir Mei 2026.

The rupiah strengthened by 21 points, or 0.12 percent, to Rp17,696 per US dollar in Monday morning trading from Rp17,717 previously.

Foreign exchange observer Ibrahim Assuaibi said the rupiah's decline was driven by expectations of higher US Federal Reserve interest rates.

The Indonesian currency, the rupiah, is continuing to struggle against the strengthening of the US dollar.