In Asian trade on Friday, USD/IDR reversed a three-day decline, trading near 18,180. Persistent foreign capital outflow risk is weighing on the rupiah and investor sentiment; the Jakarta Composite Index fell 1.29% to about 5,030, dragged by weaker US futures after Alphabet plunged overnight and renewed concerns over AI investment returns. Bank Indonesia said it will actively intervene in the spot FX market, in NDF and DNDF markets, and make targeted secondary-market purchases of government bonds

In Asian trade on Friday, USD/IDR reversed a three-day decline, trading near 18,180. Persistent foreign capital outflow risk is weighing on the rupiah and investor sentiment; the Jakarta Composite Index fell 1.29% to about 5,030, dragged by weaker US futures after Alphabet plunged overnight and renewed concerns over AI investment returns. Bank Indonesia said it will actively intervene in the spot FX market, in NDF and DNDF markets, and make targeted secondary-market purchases of government bonds to stabilise the currency.