Video: Iran-US War, Rupiah and APBN Resilience in Focus for Markets

The Iran-US war, which has propelled global oil prices upwards, is forecasted to impact potential increases in fuel prices, thereby driving inflation spikes and exerting pressure on the Rupiah’s exchange rate. CNBC Indonesia Economist Maesaroh notes that the US Dollar Index strengthening to 100 reflects investor concerns over the war’s effects, leading to a rush to buy US Dollars. As a result, the Rupiah and other Asian currencies have plummeted collectively. Moreover, this condition is causing yields on government bonds, namely SBN, to surge, thereby threatening higher government debt burdens. So, how resilient is the state budget in facing the impacts of the Middle East war? What are the effects on Indonesia’s economy? For a full discussion, watch the review by Andi Shalini with CNBC Indonesia Economist Maesaroh in Squawk Box, CNBC Indonesia (Monday, 30/03/2026).