Rupiah exchange rate is predicted to further approach the level of Rp18,000 per US dollar.

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

Rupiah melemah signifikan terhadap dolar AS, menyentuh Rp 17.890 di pasar spot. Tekanan datang dari penguatan dolar global dan sentimen pasar domestik yang buruk.