The Indonesian rupiah has now depreciated about 10.9 percent year to date against the US dollar. Most analysts expect the Federal Reserve to limit its quantitative easing program soon because various economic data suggest that the economy of the USA continues its recovery. This will subsequently result in a stronger US dollar. Although most Asian currencies have lost considerably against the US dollar, the rupiah has been hit harder as the country's trade balance has posted a deficit (a shortfall of USD $9.8 billion in Q2-2013), accompanied by higher inflation (8.61 percent year on year).

| Source: Bank Indonesia