The rupiah exchange rate on Wednesday (16/6) has the potential to be depressed ahead of the announcement of the results of the US central bank's policy meeting on Thursday morning.

"The market is wary of the possibility that the US Central Bank will start discussions about reducing the purchase of US bonds as a form of monetary tightening due to the sharp increase in inflation in the US. This has encouraged the strengthening of the US dollar against other exchange rates," said Money Market Observer Ariston Tjendra in a statement. Jakarta.

In addition, the increase in COVID-19 cases triggering some regions in the country was at the alert level has also put pressure on the rupiah.

The tightening of economic activity due to this increase in cases could hamper the ongoing economic recovery.

The rupiah has the potential for a weakening to the range of 14,270 per US dollar, with potential support in 14,200 per US dollar.