Rupiah Strengthens by 0.2%, Dollar Becomes Rp16,200
Jakarta, CNBC Indonesia - The rupiah opened stronger against the US dollar. According to Refinitiv, the exchange rate of the rupiah against the US dollar at the opening of trading on Thursday (July 3, 2025) opened higher at Rp16,200/US$, or up 0.22%. Meanwhile, the US dollar index (DXY) as of 09:00 WIB showed a 0.07% weakening at the level of 96.70.Market sentiment today appears to be quite varied, influenced by developments from abroad and domestically. From the US, the latest report from ADP indicated a decrease of 33,000 workers in the private sector last June. This data is outside of market expectations; however, it may strengthen market expectations for a rate cut by the Fed in the second half of 2025.
Source : Elvan Widyatama, CNBC Indonesia
03 July 2025
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