Institution: Indonesian Rupiah expected to continue under pressure until the end of the year.

Dahua Jixian analyst Suryaputra Wijaksana's report stated that the Indonesian rupiah is expected to continue to be under pressure by the end of the year. It is expected that the country's trade surplus will narrow due to a slowdown in exports caused by falling commodity prices, while increased domestic demand will push up imports. The analyst stated that the high policy uncertainty has prompted investors to sell Indonesian bonds, and capital outflows in the financial sector are expected to continue. In addition, the divergence in monetary policy between the Indonesian central bank and the Federal Reserve is increasingly widening. After the U.S. government shutdown led to a temporary suspension of economic data releases, the Fed's stance is no longer as accommodative as before, while the Indonesian central bank has maintained a relatively accommodative stance, further putting pressure on the Indonesian rupiah.