Indonesia's Jakarta Composite Index has plunged 37% from its 2026 peak while the rupiah hits all-time lows, as global investors pull billions from the

Analyst said rising oil prices increase Indonesia's demand for U.S. dollars to finance energy imports, adding further pressure on the rupiah.

Indonesia stocks also sank to a five-year low. Read more at straitstimes.com. Read more at straitstimes.com.

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.

Indonesian stocks suffered a rout on Wednesday with the benchmark index closing at its lowest level in five years.

A break beyond 18,000 per UD dollar could accelerate foreign outflows from local stocks and bonds. Read more at straitstimes.com. Read more at straitstimes.com.

Against the Singapore dollar, the rupiah also dropped to a new low, trading at 14,047.71. Read more at straitstimes.com. Read more at straitstimes.com.

JAKARTA: Indonesia's rupiah hit its weakest level ever against the dollar on Thursday (Jun 4), breaching the psychological 18,000 threshold amid concerns about the country's…

The rupiah slid to a new record low of Rp 18,000 per United States dollar on Thursday, extending its losses this year to more than 7 percent and making it Asia’s worst-performing…

Currency plunge comes as energy shock from the Iran war casts a cloud over Southeast Asian economies.

By Amanda Lee and Ying Xian Wong

JAKARTA, June 4 — Indonesia’s rupiah hit more than 18,000 per dollar for the first time today as the country is stung by surging energy costs, while lawmakers passed a bill...

Global investors are rapidly losing confidence in Indonesia as the nation’s stocks tumble at the fastest pace worldwide and its currency sinks to all-time lows.

The rupiah has slumped while the benchmark stock index has tumbled 36 per cent to become world's worst performing. Read more at straitstimes.com. Read more at straitstimes.com.

Indonesia's Jakarta Composite Index has plunged 37% from its 2026 peak while the rupiah hits all-time lows, as global investors pull billions from the

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.

The weakening rupiah, now trading around Rp18,000 per U.S. dollar, is increasing pressure on import-dependent businesses.

The rout in Indonesian markets deepened on Monday with the nation’s bonds, stocks and currency tumbling.

Following last week’s sell-off, the rupiah fell 0.7 per cent to a new low against the US dollar in early trading on June 8. Read more at straitstimes.com. Read more at…

The rupiah has weakened about 8 per cent to become the worst-performing currency in Asia in 2026. Read more at straitstimes.com. Read more at straitstimes.com.