Rupiah Drops Past 18000 Per Dollar

The Indonesian rupiah breached 18000 per dollar for the first time since August. Rising global bond yields and higher oil prices pressured regional currencies.

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People count rupiah bank notes at a money changer in Jakarta, Indonesia, June 25, 2026. REUTERS/Ajeng Dinar Ulfiana

The Indonesian rupiah breached 18,000 per U.S. dollar during Tuesday morning trade, touching its lowest level since August 4 amid rising global yields and tensions involving United States and Iran.

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