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fxJul 21, 2026, 4:44 AM

Indonesian Rupiah Extends Gains; USD/IDR Falls for Sixth Day

The Indonesian rupiah continues to strengthen, with USD/IDR declining for a sixth consecutive session to trade around 17,940 during Asian hours.

USDIDR

The Indonesian rupiah extended its winning streak on Friday, with the USD/IDR pair falling for a sixth straight day to trade near 17,940 in Asian trading.

Analysts attribute the rupiah’s support to government plans to develop a new financial hub and an easing of geopolitical tensions in the region.

The sustained decline in USD/IDR reflects growing confidence in the rupiah amid improving domestic sentiment.

Source: FXStreet Forex News