The rupiah exchange rate (exchange rate) on Monday (14/6) is likely to be corrected amid consolidation ahead of the announcement of the US Central Bank's latest monetary policy on Thursday morning this week.

"The market needs to be aware of the weakening of the rupiah exchange rate today against the US dollar because the US dollar seems to be rebounding against major currencies such as the Euro, GBP, AUD, JPY, and regional currencies such as SGD, Peso, Baht, Won this morning," said Money Market Observer. Ariston Tjendra in Jakarta.

According to Ariston, the results of the Fed's meeting will most likely remain the same as the previous meeting, maintaining the same policy as buying bonds of U$120 billion per month and the benchmark interest rate near 0%.

But market participants are wary that the Fed will open discussions about the possibility of a policy change to a tighter direction due to rising inflation that has exceeded its 2% targe