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Indonesia Market Rout Deepens as Bonds, Currency, Stocks Slide

Indonesia’s markets slumped on Monday, led by a sharp selloff in sovereign bonds, after the government’s latest attempt to shore up the currency failed to ease concern over its economic management.

Global investors are increasingly losing confidence in Indonesia on President Prabowo Subianto’s more populist and interventionist agenda.

Indonesian Market Rout Deepens as Prabowo Policy Risks Mount

3 June 2026 at 23:57
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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