{
    "success": true,
    "data": {
        "id": 1766988,
        "msgid": "rupiah-hits-rp17-800-as-job-loss-risks-rise-1779912574",
        "date": "2026-05-26 19:46:00",
        "title": "Rupiah Hits Rp17,800 as Job Loss Risks Rise",
        "author": "Andhika",
        "source": "MEDIA_INDONESIA",
        "tags": "",
        "topic": "Economy",
        "summary": "The rupiah weakened amid Middle East tensions following US strikes on Iranian military assets, raising concerns over production costs and potential job losses. Data shows over 15,000 layoffs in early 2026, with experts warning of further increases if the currency continues to depreciate and global energy costs remain elevated.",
        "content": "<p>Rupiah closed weaker on Tuesday, 26 May 2026, driven by heightened\ngeopolitical tensions in the Middle East. According to market data, the\ncurrency fell 52 points or 0.29% to Rp17,796 per US dollar, compared to\nthe previous close of Rp17,744. The rupiah had even touched Rp19,845 per\ndollar during the session. This depreciation was also reflected in Bank\nIndonesia\u2019s Jakarta Interbank Spot Dollar Rate (JISDOR), which stood at\nRp17,789 per dollar, down from Rp17,743 previously. Ibrahim Assuaibi,\ndirector of PT Laba Forexindo Berjangka, attributed the negative\nsentiment to recent US strikes on Iranian military assets, which he said\nthreaten regional stability and ongoing diplomatic efforts. \u201cThe US has\nlaunched new attacks on missile launch sites and mine-laying vessels in\nsouthern Iran. Although the US military claims these actions are\nself-defence, they could complicate peace negotiations,\u201d Ibrahim stated\nin a written release. Previously, the two nations had agreed on a\nframework to end the conflict and reopen the Strait of Hormuz.\nUncertainty increased after Iran denied US President Donald Trump\u2019s\nclaim regarding the surrender of enriched uranium reserves. Ibrahim\nwarned that continued rupiah depreciation would directly increase\nproduction costs, particularly for industries reliant on imported raw\nmaterials, heightening the risk of workforce rationalisation or layoffs.\nMinistry of Manpower data shows a worrying trend: from January to April\n2026, 15,425 workers were affected by layoffs. This surge coincided with\ncompanies implementing strict cost-cutting measures and halting\noperations due to uncontrolled operational costs. \u201cThe industrial sector\nis facing dual pressures: a weaker rupiah driving up import costs, and\nglobal conflicts pushing up energy expenses. If this persists, layoffs\nare expected to keep rising,\u201d he concluded.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/rupiah-hits-rp17-800-as-job-loss-risks-rise-1779912574",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}