Rupiah and IHSG Both Open Weaker, Entering Red Zone

JAKARTA, KOMPAS.com - The exchange rate of the rupiah and the Composite Stock Price Index (IHSG) both weakened at the opening of trading on Tuesday (7/4/2026).

According to Bloomberg data, the Garuda currency in the spot market opened at Rp17,047 per US dollar, depreciating 0.07% compared to the previous day’s close at Rp17,035 per US dollar.

This rupiah movement is in line with the majority of currencies in the Asian region, which are also in the red zone. The Thai baht recorded the deepest weakening in Asia after falling 0.38%, followed by the Philippine peso weakening 0.25%.

Next, the Malaysian ringgit was pressured by 0.24% and the South Korean won depreciated 0.17%. The Singapore dollar also recorded a decline of 0.16%.

Meanwhile, the Japanese yen fell 0.13%, while the Taiwan dollar corrected slightly by 0.08%.

On the other hand, the Hong Kong dollar became the only Asian currency to strengthen, although it only rose slightly by 0.01% against the US dollar.

Based on data from the Indonesia Stock Exchange (BEI), the IHSG weakened by 32.62 points or 0.47% to 6,956.80. Since opening at 7,001.27, the index briefly strengthened and touched a high of 7,015.89. However, increased selling pressure caused the index to reverse direction and fall to a low of 6,945.71.

From the trading activity side, the transaction volume was recorded at 4.88 billion shares with a transaction value of Rp1.99 trillion and a trading frequency of 323,439 times.

The majority of stocks moved variably with a tendency to weaken, where 287 stocks fell, 263 stocks rose, and 165 stocks were stagnant.