The US Dollar weakened broadly in the market due to rising expectations of a Fed rate cut. Following the release of US labor data showing weakness, the chances of a cut in September soared to 94% from the previous 63%. The dollar index (DXY) is around 98.688.

The uncertainty of tariffs and policies has also intensified pressure on the dollar. President Trump's confrontation with statistical officials and the resignation of Fed Governor Adriana Kugler have further deepened market instability.

On the digital side, dollar-based stablecoins such as Tether and Circle are increasingly being scrutinized by global central banks. The Bank of England, ECB, and BIS have warned about risks to monetary sovereignty and national financial systems.

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The exchange rate of USD to IDR today

USD/IDR is currently in the range of 16,376 – 16,393 Rupiah per USD, slightly up by about 0.1% from the previous session.

According to Wise, the mid-market rate is around 16,390 IDR per 1 USD.

Data from TradingEconomics: on August 5, 2025, the official exchange rate is 16,387.70 IDR/USD, up 0.11% from before.

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Summary and Implications

Aspect Current Condition

Global Dollar Trend Weakening due to expectations of interest rate cuts
US policy Uncertainty in tariffs and changes in officials increase volatility
Impact of Rupiah (IDR) The USD/IDR exchange rate experienced a small increase of (~0.1%) in one day.

A weakening Dollar can benefit Indonesian exporters or those with foreign debt repayment needs. However, if the rupiah remains around 16,300–16,400, inflationary pressures could increase, and authorities such as Bank Indonesia may intervene if necessary.