The Indonesian rupiah was little changed on Monday, hovering near IDR 17,810 per U.S. dollar after a seven-session losing streak, as traders positioned for Bank Indonesia’s policy decision this week. The central bank will begin its two-day meeting Tuesday, after leaving key rates unchanged at 5.75% for a second straight month in August following 100bps of hikes since May. Governor Destry Damayanti recently underscored currency stability as her priority alongside monetary, macroprudential and payment-system measures. Meanwhile, softer oil prices, aided by diplomatic efforts in the Middle East, eased imported inflation concerns, though domestic pressures persisted after August’s annual inflation quickened to 3.19%. Fiscal risks also lingered as lawmakers reportedly debated revising the 3% deficit cap to allow more welfare and development spending. Globally, the dollar index held near 100.2 as investors looked to remarks from Fed officials this week for signals on the policy outlook.