Jakarta, CNBC Indonesia- The weakening of the Rupiah exchange rate continues amid market concerns regarding the direction of the Fed’s interest rate policy. At the close of trading session I, Tuesday (14/11), the Rupiah recorded a weakening of 0.015% and was at the level of IDR 15,695 per US Dollar.

Chairman of the Association of Indonesian Export Companies (GPEI), Benny Soetrisno, believes that the weakening of the Rupiah could continue if export performance continues to weaken. This condition is also visible from

Meanwhile, BSI Chief Economist, Banjaran Surya Indrastomo, sees the potential for a decrease in inflation which is encouraging the Central Bank to hold interest rates so that the Rupiah will not weaken further. However, geopolitical issues ranging from the Russia-Ukraine war to Hamas-Israel will create uncertainty in global markets.

What is the market like and the business world looking at Indonesia’s export performance? and what is the impact on the movement of the Rupiah? For further details, see Anneke Wijaya’s dialogue with the General Chair of the Association of Indonesian Export Companies (GPEI), Benny Soetrisno and Chief Economist PT Bank Syariah Indonesia Tbk (BRIS)Banjaran Surya Indrastomo in Power Lunch, CNBCIndonesia (Tuesday, 14/11/2023)