Indonesian Political, Business & Finance News

Video: Rupiah Breaches Rp 18,000/USD Level, These Risks Must Be Watched

| Source: CNBC Translated from Indonesian | Finance
Video: Rupiah Breaches Rp 18,000/USD Level, These Risks Must Be Watched
Image: CNBC

High market pressure caused both the Jakarta Composite Index (IHSG) and the Rupiah to move into the red during the first session of trading on Tuesday (29/09). The IHSG briefly weakened by 2%, touching the 6,000 level, while the Rupiah slumped to the Rp 18,000 per US Dollar level.

Elvan Chandra Widyatama, FX Analyst at CNBC Indonesia Research, stated that the pressure experienced by the Rupiah serves as an ‘alarm’ for Indonesia’s finances as the US Dollar index strengthens once again. Furthermore, continuous capital outflows, triggered by the rise in US Treasury yields, are also weighing on the Rupiah.

What is the analysis of the pressure in the Indonesian financial markets, including the Rupiah? Additionally, what are the investment strategies amidst the correction of the IHSG and the Rupiah? For further details, follow the review by FX Analyst CNBC Indonesia Research, Elvan Chandra Widyatama, on Power Lunch, CNBC Indonesia (Tuesday, 29/09/2026).

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