An economist shared insights on how to save rupiah and the Jakarta Composite Index (JCI/IHSG) from weakening further.

The stability of the rupiah exchange rate will be a crucial factor in determining the direction of JCI for the week.

Indonesia's JCI may see volatile trading as high oil prices and elevated global interest rates weigh on sentiment.

The JCI fell by as much as 5 percent in the first trading session on Wednesday, while the rupiah weakened to Rp17,930 per U.S. dollar.

Jakarta Composite Index (JCI) continues to experience a sharp correction in Thursday's trading, with a decline of more than 4 percent.

By Amanda Lee and Ying Xian Wong

The JCI's decline underscores heightened market uncertainty, prompting investors to reduce exposure to riskier assets.

Analyst says rupiah stability requires fiscal discipline, healthy financial markets, clear external sector strategy, and stronger policy credibility.

An economist shared insights on how to save rupiah and the Jakarta Composite Index (JCI/IHSG) from weakening further.

The Jakarta Composite Index (JCI) dropped 4.20 percent by the end of trading this afternoon.

Bank Indonesia and Ministry of Finance prepare two strategies to maintain the rupiah exchange rate.

IDX market capitalization dropped 8.59 percent to Rp9,807 trillion from Rp10,729 trillion last week.

Indeks Harga Saham Gabungan (IHSG) dan rupiah tertekan belakangan ini.