Inp.polri.go.id - Jakarta. The Indonesian Rupiah closed lower on Thursday (30/4/2026), dropping 20 points (0.12%) to Rp17,346 per US Dollar, down from its previous close of Rp17,326. 

Market analysts attribute this decline to heightened geopolitical tensions as US President Donald Trump prepares for a prolonged naval blockade against Iran.

"Concerns are worsened by reports that top American oil executives met with Trump at the White House to discuss mitigating the conflict's impact on the American public," currency and commodity observer Ibrahim Assuaibi  said, as reported by antaranews.com.

He noted that the market is reacting to fears that Iran will continue to retaliate by blocking the Strait of Hormuz, which currently handles approximately 20% of the world's oil supply. 

The situation is further complicated by internal US shifts, as Fed Chair Jerome Powell recently addressed the transition process for his successor, Kevin Warsh, while emphasizing the need to protect the Federal Reserve's independence amid political pressure. Meanwhile, Bank Indonesia's Jakarta Interbank Spot Dollar Rate (JISDOR) also weakened to Rp17,378 per US

(mg/inp/pr/rs)