Rupiah

Indonesia's rupiah fell to record lows amid economic and political turmoil, sparking protests and criticism of President Prabowo Subianto's policies. The Indonesian National Bank raised interest rates to 5.75% to stabilize the currency, but rising fuel and food costs continue to strain households.

A sharp sell-off in Indonesian assets has sparked online accusations, without evidence, that Singapore benefits from a 'Sell Indonesia' narrative. The rupiah has weakened 8% this year and hit record lows, while Jakarta's stock market has lost about a third of its value since January.

Indonesia’s rupiah rallied from a historic low, its stock market surged, and a sovereign wealth fund bond offering was oversubscribed, providing relief to the country’s economy. Economists warned that higher interest rates and easing external pressure could strain the shrinking middle class.

Hundreds of Indonesian students protested in Jakarta, demanding lower fuel and food prices and urging President Prabowo Subianto to cut costly state spending as economic pressures rise. Fuel prices surged 32% this week, and the rupiah hit a historic low, prompting demonstrators to resist police attempts to divert them from a key business district. Similar protests occurred in Bandung and Pontianak.

Hundreds of Indonesian students protested in Jakarta, demanding lower fuel and food prices and cuts to state spending as economic pressures rise. They also called for halting government programs like free nutritious meals and rural revitalization, and criticized the military's expanding role in civilian affairs.

Indonesia's Rupiah is hitting record lows against the US dollar, as shown by the comparison of a US $100 bill with Indonesian rupiah banknotes.

The Indonesian market selloff has eased, with the rupiah, bonds, and stocks experiencing a rebound. Investor sentiment appears to have stabilized following the initial decline.

Bank Indonesia's unexpected rate hike caused the rupiah to decline, reflecting investor concerns. Bloomberg reporter Marcus Wong documented the situation.

Indonesia's central bank unexpectedly raised interest rates to support the rupiah, following a 0.5 percentage point increase last month. The move was made during an off-cycle meeting.

Indonesia's rupiah hit a record low of 18,155 per US dollar, triggering concerns about social stability and drawing comparisons to the 1997-98 Asian financial crisis. The currency's collapse has raised alarms about potential political consequences for Prabowo.

Indonesia’s rupiah hit a record low of over 18,155 to the US dollar, pushing manufacturers into crisis as the main stock index fell 4%. Investors are dumping rupiah-denominated assets, with foreigners selling $422 million in local bonds and $3.6 billion in local stocks this year.

Indonesia's weak rupiah is boosting its appeal for Malaysian tourists and shoppers, with visitor numbers expected to rise. Melaka Tourism Association president Madelina Quah highlighted cheaper travel and shopping opportunities due to the currency's low value.

Indonesian officials, including Perry Warjiyo, have pledged to stabilize the rupiah and attract financial inflows. The article highlights efforts to address currency market pressures through policy measures.

Investors are fleeing Indonesian markets due to growing credibility concerns, leading to declines in the rupiah, stocks, and bonds. The article examines the factors driving this market turmoil and potential solutions for recovery.

Asia is enhancing currency defense measures as South Korea and Indonesia commit to taking action. The Rupiah, Indonesia's currency, is highlighted in the context of these efforts.

Indonesia’s rupiah fell to record lows in April and May 2026, nearing 18,000 against the US dollar, evoking painful memories of the 1997–1998 Asian financial crisis. The currency’s depreciation has raised concerns about economic stability.

Indonesia’s rupiah has fallen to a record low against the US dollar. The currency decline is attributed to an energy shock caused by the Iran war, which is affecting Southeast Asian economies.

The Indonesian rupiah approached the 18,000 level, prompting market vigilance for potential intervention. Indonesia's new finance minister announced a $12 billion cash injection to stimulate lending, aligning with President Prabowo Subianto's growth agenda.

Indonesia's stocks fell to a five-year low, and the rupiah dropped to a record low. The decline reflects significant market and currency instability.

Indonesia and India are intervening to support their weakening currencies. A Rupiah note is highlighted at a money exchange office in Jakarta.

Indonesia experiences trade surpluses when global commodity prices rise, but the rupiah remains weak due to depreciation pressures. The article highlights a paradox where export windfalls from commodities like coal and crude palm oil (CPO) fail to strengthen the currency.

Bank SMBC Indonesia sold $1.1 billion in pension loans to BTN. Indonesia's foreign reserves declined by $2 billion as the central bank intervened to stabilize the weakening rupiah.

Bank Indonesia has implemented a significant rate hike to defend the Rupiah. The move is intended to strengthen the Indonesian currency. This decision was made at the Bank Indonesia headquarters in Jakarta.

Bank Indonesia is considering a rate hike as the Rupiah hits new lows. This decision may impact the country's economy and currency value. The move aims to stabilize the Rupiah and mitigate inflationary pressures.

Indonesia's Rupiah has slid to a record low, causing stocks and bonds to tumble. This downturn is reflected in currency exchange offices in Jakarta. The decline affects the country's financial stability.

Indonesia's central bank plans to lower borrowing costs for a fourth straight month to boost economic growth. The move is part of its pledge to go 'all out' in supporting the economy. This comes as the Rupiah falls in value.

Indonesia has tightened rules on foreign exchange purchases after the Rupiah hit a new record low. The move aims to stabilize the currency and mitigate economic impacts. This decision may affect trade and investment in the country.

Indonesia's new finance minister has unveiled a $12 billion cash injection to stimulate lending, committing to President Prabowo Subianto's growth agenda. This move aims to address the Rupiah's record low. The plan was announced just two days into the minister's job.

The Indonesian rupiah fell to its lowest level in seven months due to rising oil prices, which increased import costs and pressured the currency. The decline highlights economic vulnerabilities linked to energy market fluctuations.

Indonesia's trade surplus has reached its lowest level in six years, coinciding with a decline in the value of the rupiah.