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fxJul 8, 2026, 4:35 AM

Indonesian Rupiah Holds Losses Near 18,050 After Consumer Confidence Data

USD/IDR traded around 18,050 during Asian hours, recovering from previous modest losses after Indonesia released Consumer Confidence data.

USDIDR

The Indonesian Rupiah remained under pressure against the US dollar on Monday, with USD/IDR trading near the 18,050 level during Asian hours. The pair gained ground after suffering modest losses in the prior session.

Currency traders focused on the latest Consumer Confidence data from Indonesia, which likely reinforced expectations of continued economic headwinds. The Rupiah has been weakening amid persistent dollar strength and domestic challenges.

No further details on the data release were available in the initial report.

Source: FXStreet Forex News