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fxJul 9, 2026, 3:47 AM

Indonesian Rupiah Weakens Ahead of Retail Sales Data

The Indonesian Rupiah continues to weaken, with USD/IDR trading around 18,140 during Asian hours on Thursday ahead of May retail sales data and US jobless claims.

USDIDR

The Indonesian Rupiah (IDR) extended its losses for a second consecutive session on Thursday, with USD/IDR trading near 18,140 during Asian hours. The currency weakened ahead of the release of May's Retail Sales data, scheduled later in the day.

Market participants are also focused on the US weekly Initial Jobless Claims report due in the North American session, which could influence the Federal Reserve's policy expectations and further impact USD/IDR dynamics.

No additional details on the retail sales forecast or previous figures were provided in the source.

Source: FXStreet Forex News