Video: Securities Boss Reveals "Dangers" of Rupiah Weakening, What Must Indonesia Do?

The Chief Executive Officer of Sucor Sekuritas, Bernadus Wijaya, emphasises the importance of concrete actions by the government alongside stock exchange and monetary authorities to foster market confidence in Indonesia. Currently, market pressures stemming from sentiments related to the Middle East conflict up to the MSCI index rebalancing have driven the JCI down to the 6,700 level, with the rupiah touching Rp17,500 per US dollar. Therefore, government intervention is required to strengthen the rupiah, given its close ties to the state of national finances, the state budget, debt burdens, rising import goods, inflation, and public purchasing power. What are the steps to rescue the rupiah? And how to enhance the attractiveness of Indonesia’s capital market and which stock sectors still offer opportunities for investors? For more details, watch the dialogue between Shania Alatas and the Chief Executive Officer of Sucor Sekuritas, Bernadus Wijaya, in Power Lunch, CNBC Indonesia (Wednesday, 13/05/2026).