Video: Learning from the Ringgit and SGD, Indonesia's Task to Strengthen the Rupiah

The Jakarta Composite Index (IHSG) fell back into the red at the opening of trading on Thursday (01/10), reaching the 6,058 level, while the Rupiah weakened to Rp 17,920 per US Dollar.

Elvan Chandra Widytama, FX Analyst at CNBC Indonesia Research, stated that external factors continue to drive the weakening of the Rupiah, alongside the strengthening of the US Dollar and a surge in global crude oil prices.

What is the analysis of the movement in the Indonesian financial markets? Reflecting on the Malaysian Ringgit and the Singapore Dollar, what efforts are required for Indonesia to strengthen the Rupiah? Detailed insights were provided by Crysania Suhartiment with FX Analyst CNBC Indonesia Research, Elvan Chandra Widytama, on Squawk Box, CNBC Indonesia (Thursday, 01/10/2026).