Asian currencies weaken in thin holiday trade as rupiah falls ahead of rate decision

Asian currencies weakened in thin holiday trade as the rupiah fell before a central bank meeting. Thai stocks rose on optimism following recent elections.

洞察:
Emerging Asian FX markets weakened on February 18, 2026, as thin, holiday-curbed trading sessions left regional currencies vulnerable to modest order flows. The rupiah in Indonesia IDID depreciated ahead of a highly anticipated policy meeting by Bank Indonesia , reflecting a cautious atmosphere across the region. Reduced liquidity and heightened policy uncertainty are currently amplifying foreign exchange moves, which in turn affect regional asset prices and investor positioning.
A teller counts rupiah bank notes at a money changer in Jakarta, Indonesia, January 20, 2026. REUTERS/Ajeng Dinar Ulfiana
A teller counts rupiah bank notes at a money changer in Jakarta, Indonesia, January 20, 2026. REUTERS/Ajeng Dinar Ulfiana
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