Video: Rupiah Breaks Through Rp 17,650/USD, Will Bank Indonesia Hold or Raise Rates?
Having opened firmer, the IHSG moved lower in early trade on Tuesday (19 May) at 09:04 WIB. The IHSG fell 0.34 points to 6,573, while the rupiah remained depreciated at Rp 17,660 per US dollar. CNBC Indonesia FX Analyst Elvan Chandra Widyatama said the downtrend in both IHSG and the rupiah reflected ongoing selling pressure driven by negative sentiment from domestic and external sources. What direction will Bank Indonesia’s policy on interest rates take amid the financial market pressure? How will the sentiment influence IHSG and the rupiah? For full details, watch Shania Alatas with CNBC Indonesia’s FX Analyst Elvan Chandra Widyatama in Squawk Box, CNBC Indonesia (Tuesday, 19 May 2026).