Video: IHSG and Rupiah Volatile – Where Should Major Fund Managers Invest?

Jakarta, CNBC Indonesia – The Indonesian financial market remains highly volatile, according to Andri Yauhari Njauw, Managing Director and Chief Investment Officer of Pinnacle Investment, with the IHSG at its lowest level of 5,900 and the Rupiah weakening to Rp 17,800 per US dollar.

Pressure on the IHSG stems from external factors such as the Middle East conflict driving up oil prices and weakening the Rupiah, alongside domestic concerns over fiscal policy and a potential budget deficit exceeding 3%.

Dual pressures from internal and external factors have driven the Indonesian market to high volatility, raising key questions about the Federal Reserve’s policy direction towards Indonesia, the trajectory of foreign capital flows into emerging markets, and where major fund managers should allocate their investments.