Indonesian rupiah (IDR)
2 articlesBank Indonesia issues and manages the Indonesian rupiah, the country's legal-tender currency under ISO code IDR. Rupiah banknotes and coins circulate for cash payments, while the sen is retained as a formal subdivision without ordinary use in modern cash. The rupiah is Indonesia's national unit of account and should be distinguished from similarly named rupee currencies in South Asia and from Bank Indonesia itself, which is the monetary institution responsible for the currency.
US Dollar Faces Pressure as BCA Research Favors Asian and European Currencies
BCA Research signals a shift away from the US dollar, highlighting weakening real yields and reduced foreign investment as reasons to favor the South Korean won, Japanese yen, Taiwan dollar, Singapore dollar, and euro
Indonesian Rupiah Faces Ongoing Pressure as USD/IDR Forecast Rises
The Indonesian Rupiah is expected to weaken further against the US Dollar through mid-2027, as persistent trade deficits and rising oil import costs challenge Bank Indonesia's efforts to stabilise the currency