The inflation data released by the US was higher than expected, and after the Federal Reserve officials made hawkish remarks, the Indonesian rupiah exchange rate against the US dollar weakened and reached an all-time low. The Indonesian rupiah fell 0.5% against the US dollar to 18,144. The decline comes after higher-than-expected CPI data for October and hawkish remarks by Federal Reserve officials Christopher Waller and Lori Logan. The Indonesian rupiah exchange rate against the US dollar is hovering near an all-time low of 18,190.

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