ARTA – Roupie exchange rate during Tuesday May 6 trading should weaken compared to the US dollar.
Quoted by Bloomberg, on Monday, May 5, the roupie rate instead of closing was down 0.10% at 16,455 IDR per US dollar. Meanwhile, the dollar interbank rate at the Jakarta point of Jakarta (Jisdor) Bank Indonesia (BI) closed down 0.43% at the price level of 16,421 IDR per US dollar.
Rame Assuaii, observer of the currency, expressed persistent uncertainty on American prices after President Donald Trump did not intend to open an immediate dialogue with his Chinese partner Xi Jinping.
Trump stressed that the United States is preparing to signs trade agreements with several countries, and that his government is in dialogue with China. However, the trade agreement between the United States and China is the largest point of uncertainty for the market, especially after the two are involved in intense commercial wars and pricing exchanges until April, “he said in a statement, quoted on Tuesday, May 6.
In addition, China would assess possible commercial negotiations with the United States, affirming that any dialogue should be based on the truth and the unilateral abolition of the prices.
Renal, investors are also cautious before the Fed policy meeting which should maintain interest rates while decision -makers have taken a cautious attitude to assess the impact of Trump levels on inflation.
Rreamy: “The decision was made in the middle of persistent tensions between President Trump and the federal reserve, while the president continues to put pressure on central banks to reduce interest rates,” he said.
Renal, by the international, the Central Statistics Agency reported that the economic growth of Indonesia in the first quarter of 2025 slowed down to 4.87% (in annual sliding) and contracted 0.89% (qqq).
An, despite the quarterly contraction, BPS said that it would continue to monitor economic development in the next quarter, taking into account various factors, including government spending, national consumer trends and external conditions such as basic products and stability of international trade.
Ant to achieve the annual growth maintained, a number of economists assess the importance of paying attention to the sustainability of domestic consumption, which is a main pillar of the national economy. The 4.89% growth in household consumption is indeed the largest contributor to the gross domestic product.
However, this growth is still not considered strong enough to compensate for the tensions of other sectors, in particular in the context of uncertain global trends and the seasonal impact of budget policies.
In year, the economic prospects for the next quarter should greatly depend on the speed of the government in the disbursement of expenditure budgets, the stability of raw material prices and the sustainability of exports in the middle of a world trade war.
Monetary reigned such as strengthening the exchange rate of the Roupie and the measures taken by the Banque d’In Indonesia to maintain the liquidity of the market will be decisive to maintain the momentum of growth. By maintaining effective public communication and by maintaining the confidence of commercial actors, the government is considered to be able to minimize the fluctuations generated by national and external pressures.
Ibrahim estimates that the roupie will move volatilely but will end up in the exchanges of Tuesday, May 6, 2025 in order of 16,440 IDR at 16,500 IDR by US dollar.
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