The rupiah exchange rate on Wednesday (7/7) has the potential to weaken, triggered by market participants anticipating the release of the minutes of the US Central Bank's monetary policy meeting in the early hours of the morning.

"These minutes can provide an indication of the potential for tighter monetary policy by the US Central Bank in the future, which could encourage the strengthening of the US dollar," said Money Market Observer Ariston Tjendra in Jakarta.

Meanwhile, from within the country, the daily new cases of COVID-19, which continued to rise and break records. It was still a concern for the market, which could put pressure on the rupiah.

If it continues to increase, it raises concerns that the emergency community activity restriction (PPKM) will last longer, suppressing Indonesia's economic growth.

"The market is also waiting for data on Bank Indonesia's foreign exchange reserves. Data that shows foreign