Video: Uncertainty Over War's End Keeps IHSG and Rupiah in Turmoil
Pressure on the IHSG and the rupiah persists at the start of the trading week on 30 March 2025. This situation is inextricably linked to the worrying state of the Iran versus US and Israel war, which is alarming market participants as the conflict spreads, including the closure of the Strait of Hormuz, impacting pressure on global crude oil prices. Additionally, the heightened involvement of the Houthis is increasing anxiety over disruptions to energy distribution in the Red Sea and contributing to rising energy prices. FX Analyst at CNBC Indonesia, Elvan Chandra Widyatama, stated that war negotiations and clarity on the potential end of the conflict are key to alleviating panic in global financial markets. For a full analysis of IHSG and rupiah movements amid the war, watch the dialogue between Syarifah Rahma and FX Analyst Elvan Chandra Widyatama in Power Lunch, CNBC Indonesia (Monday, 30/03/2025).