The central bank's Jakarta Interbank Spot Dollar Rate (JISDOR) appreciated significantly by 0.92 percent to IDR 12,154 per US dollar today (29/01).

Indonesian Rupiah versus US Dollar (JISDOR)

| Source: Bank Indonesia

Market participants are also still eagerly awaiting the outcome of the FOMC meeting held on 28-29 January. It is expected that the Federal Reserve will cut its quantitative easing program by another USD $10 billion per month.