Video: Iran-Israel Conflict as Market Jittery, Rupiah Touches Rp 17,000 per USD
Jakarta, CNBC Indonesia – Extensive military strikes by Israel and the United States against Tehran, Iran on Saturday, 28 February 2026 have intensified regional tensions in the Middle East and emerged as a significant pressure point on global financial markets.
These strikes have raised concerns about potential escalation of broader Middle East tensions, prompting investors to take precautionary measures in anticipation of further fallout from the Israel-Iran conflict.
The Middle East tensions have caused the Indonesian Composite Index (IHSG) to open significantly weaker, declining 1.77% to the 8,089 level, with the Rupiah depreciating to approximately Rp 16,810 per US Dollar.
In-depth analysis of how the Middle East conflict impacts the IHSG and Rupiah performance is discussed in a segment featuring Syarifah Rahma and Shania Alatas interviewing Equity Analyst at CNBC Indonesia, Elvan Chandra Widyatama, on Squawk Box, CNBC Indonesia (Monday, 02/03/2026).