The rupiah exchange rate is predicted to be overshadowed by market concerns about the discourse on changes in the US Central Bank's monetary policy and concerns about increased COVID-19 cases in Indonesia, triggering the further tightening of economic activity.

"This has the potential to depress the rupiah against the US dollar today," said Commodity Observer Ariston Tjendra in Jakarta.

The rupiah has the potential to weaken to the range of 14,230 US dollars. While it also has a chance of strengthening to the 14,180 area.

On the other hand, the improving market appetite for risk with the positive US stock index last night and the Asian stock index this morning could restrain the weakening of the rupiah.

The market does not fully believe there will be a policy change at the US Central Bank in the near future.

"Today, Indonesia's trade balance data will be released in May. If the surplus exceeds the previous surp