Video: Rupiah Volatility Due to Iran-US War, Medical Equipment Prices at Risk of Rising

The rupiah exchange rate is experiencing considerable pressure amid sentiments from the Middle East war, causing the Garuda currency to plummet to Rp16,990 per US dollar during trading on 31 March 2026. This weakening of the rupiah is also impacting domestic industries that still rely on imported raw materials, one of which is the medical equipment industry. Charles Effendy, Deputy Chairman of the Industry and Production Division at Gakeslab, stated that over the last three years, the rupiah has weakened by 5-6% per year, but the impact of the Iran war has led to a monthly weakening of 1.5-2%. Given this situation, the medical equipment industry, which depends on imported raw materials mainly for high-tech medical devices, will be severely affected, potentially leading to an increase in selling prices to consumers. What is the impact of the Iran vs US war and the rupiah weakening on Indonesia’s medical equipment industry? Watch the full dialogue between Maria Katarina and Charles Effendy, Deputy Chairman of the Industry and Production Division at Gakeslab, in Closing Bell, CNBC Indonesia (Tuesday, 31/03/2026).