Jakarta - The rupiah exchange rate against the US dollar on Thursday (19/8) is predicted to weaken as the market again anticipates the possibility of tapering at the end of this year.

Money Market Observer Ariston Tjendra said that following the release of minutes of the Fed's monetary policy meeting this morning, the US dollar seemed to strengthen against major world currencies and regional currencies.

"From the minutes, the market sees the possibility that the US Central Bank will start reducing its bond-buying policy starting this year. This means that dollar liquidity has begun to be withdrawn from the financial market and could encourage the strengthening of the US dollar," he said in Jakarta on Thursday (19/8).

In addition, pressure on the rupiah could also come from market concerns about the increase in COVID-19 cases globally due to the delta variant, whose curve has no sign of a decline.

The rupiah has the potential to w