June 7, 2026 | 02:14 pm
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Indonesia Shares Stabilization Strategies as Rupiah Slides Past 18,000
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Indonesia Shares Stabilization Strategies as Rupiah Slides Past 18,000
Rupiah May Reach Rp19,000 per USD by End of June, Says Analyst
Director of PT Traze Andalan Futures, Ibrahim Assuaibi, predicts the exchange rate of the rupiah to continue weakening to 19,000 per US dollar by the end of June.
TL;DRAI
Rupiah projected to weaken to Rp19,000 per USD by June end; already past 18,000 with Bank Indonesia deploying stabilization strategies. Currency depreciation risks IT cost inflation and financial stability for firms with Southeast Asia operations or outsourcing exposure.
386 words~2 min read
