Indonesian stocks plunged to their lowest level in five years and the rupiah hit a record low in another stark reminder of the multi-faceted challenges confronting Southeast Asia’s biggest economy.
Indonesian stocks plunged to their lowest level in five years and the rupiah hit a record low in another stark reminder of the multi-faceted challenges confronting Southeast Asia’s biggest economy.
Indonesia may raise interest rate again to protect the rupiah and curb market volatility, according to analysts, after the central bank’s surprise tightening on Tuesday helped the currency rebound from record lows and boosted stocks.
Indonesia may raise interest rate again to protect the rupiah and curb market volatility, according to analysts, after the central bank’s surprise tightening on Tuesday helped the currency rebound from record lows and boosted stocks.
Indonesian markets tumbled on Thursday, with the rupiah breaching the key 18,000-per-dollar level and stocks hitting a near six-year low, as mounting policy uncertainty and macro headwinds spooked investors.
Indonesian markets tumbled on Thursday, with the rupiah breaching the key 18,000-per-dollar level and stocks hitting a near six-year low, as mounting policy uncertainty and macro headwinds spooked investors.
A US 100 dollar and Indonesian 50,000 and 100,000 rupiah banknotes arranged in Bogor, West Java, Indonesia, on Wednesday, Sept. 10, 2025. Indonesia’s new finance minister unveiled a roughly $12 billion cash injection to stimulate lending, proving his commitment to President Prabowo Subianto’s growth agenda barely two days into the job.
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