By Alfaritsy 
USD to IDR Exchange Rate Could Reach IDR 17,000: Analysts Share Their Outlook
On Wednesday, April 9, 2025, the rupiah dropped to IDR 16,950 per US dollar in morning trading, reflecting a 0.24% depreciation.
The exchange rate hovered around IDR 16,860 yesterday but has now shown signs of moving toward the IDR 17,000 mark.
Danamon economist Hosianna Evalia Situmorang stated the pressure on the rupiah could intensify if global sentiment worsens.
Market anxiety stems from US President Donald Trump’s aggressive trade tariff policies, affecting global trade dynamics.
Concerns over trade wars and a looming global recession have made investors nervous and are triggering capital outflows.
Despite Bank Indonesia’s intervention through Domestic Non-Deliverable Forward (DNDF) auctions, the market remains volatile.
Hosianna noted that BI absorbed US$ 378 million in the previous day’s auction, yet sentiment hasn’t stabilized.
The psychological level of IDR 17,000 remains vulnerable and could be tested soon under current conditions.
Faisal Rachman from Bank Permata emphasized worsening global trade tensions due to the US imposing a 104% tariff on Chinese imports.
China’s retaliatory measures are fueling uncertainty, prompting investors to avoid risky Indonesian assets in favor of safe havens.
He projects the rupiah to move within the IDR 16,700–17,000 range in the near term due to risk-off market behavior.
Maybank Indonesia’s Myrdal Gunarto stressed that the rupiah’s weakening is part of a broader regional currency trend.
Other Asian currencies like the Taiwanese dollar, Chinese yuan, Philippine peso, Malaysian ringgit, and Indian rupee are also under pressure.
For today, Myrdal predicts the rupiah will likely trade between IDR 16,945 and IDR 17,000, driven by strong foreign capital outflows.
Yesterday alone, foreign investors recorded a net selling position of US$ 227.95 million in Indonesia’s financial markets.
Such large capital outflows contribute significantly to the downward pressure on the rupiah against the US dollar.
also read : Pratama Arhan Delivers Two Assists as Bangkok United Beat Muangthong United 2-1 in Thai League