Indonesian rupiah rebounds after six consecutive days of decline.

date
29/10/2026
Asian currencies strengthened, with the rupiah pulling away from the area near its record low, as Federal Reserve Chair Kevin Warsh's remarks were interpreted as more dovish than expected. USD/IDR fell 0.4% to 18,108, on track for its biggest one-day drop since Sept. 30. The 10-year government bond yield fell 3 basis points to 7.62%. Data from Indonesia's Ministry of Finance showed global funds net bought $69.5 million of Indonesian local bonds on Oct. 27. The Jakarta Composite Index fell 2% to 5,175.15.