ESG UPDATE

Rupiah

Why Indonesia’s Top Financial Leaders Are Stepping Down, Economists Explain

JAKARTA, Jakartaweekly.com—Economists say the recent leadership changes at Indonesia’s Ministry of Finance, Bank Indonesia (BI), the Financial Services Authority (OJK), the Indonesia Deposit Insurance Corporation (LPS), and the Indonesia Stock Exchange (IDX) within a relatively short period reflect simultaneous pressures facing the country’s financial institutions. At the same time, they emphasize that despite leadership or […]

1 week ago

Indonesia’s Food Industry Forecast to Grow 7% Despite Rupiah Pressure

JAKARTA, Jakartaweekly.com— The Indonesian Food and Beverage Producers Association (GAPMMI) projects the country’s food and beverage (FnB) industry will still be able to grow by around 7 percent by the end of the year despite mounting pressure from the rupiah’s depreciation against the U.S. dollar. GAPMMI Chairman Adhi S. Lukman said the optimistic outlook is […]

1 month ago

After Surpassing Rp18,000, Rupiah Could Reach Rp25,000 per U.S. Dollar

JAKARTA, Jakartaweekly.com—After breaking through the Rp18,000 per U.S. dollar level, the Indonesian rupiah could weaken further to Rp19,000 and may even reach Rp25,000 by the end of the year if the government fails to exercise caution. Economist, Currency, and Commodities Analyst Ibrahim Assuaibi said the rupiah’s depreciation against the U.S. dollar is the result of […]

2 months ago

Rupiah Weakens to Rp17,880 per US Dollar Amid Global Geopolitical and Fiscal Concerns

JAKARTA, Jakartaweekly.com—The rupiah weakened again against the United States dollar in trading on Friday, May 29, 2026, amid a strengthening US dollar index driven by a combination of global geopolitical sentiment, inflationary pressures in the United States, and market concerns over Indonesia’s domestic fiscal condition. At the close of trading on Friday, May 29, 2026, […]

2 months ago

Rupiah Weakens to Rp17,796, Layoff Risk Increases in the Industrial Sector

JAKARTA, Jakartaweekly.com — The rupiah exchange rate against the US dollar weakened again at the close of trading today, Tuesday, May 26, 2026. This condition increases the risk of layoffs domestically. The rupiah was traded at Rp17,796 at the close of trading, weakening by 52 points compared to Monday’s closing on May 25, 2026. In […]

2 months ago

Prabowo’s Statement on Rural Communities Adds Pressure on Rupiah, Analyst Says

JAKARTA, Jakartaweekly.com – A statement by President Prabowo Subianto regarding rural communities being unaffected by the rise of the United States dollar received a negative response from the market. The situation is believed to have added pressure on the rupiah, which continues to weaken against the US dollar. Currency and commodity analyst Ibrahim Assuaibi said […]

3 months ago

Middle East Geopolitics and Indonesia’s Economic Data Controversy Weigh on Rupiah

JAKARTA, Jakartaweekly.com – Foreign exchange analyst Ibrahim Assuaibi said the weakening of the rupiah in Thursday’s trading was driven by a stronger US dollar amid escalating geopolitical tensions in the Middle East, particularly in the Strait of Hormuz, as well as debates over the accuracy of economic growth data. In today’s trading, Thursday, 14 May […]

3 months ago

Rupiah Strengthens Against U.S. Dollar Amid Bank Indonesia’s NDF Intervention

JAKARTA, Jakartaweekly.com – The rupiah closed stronger against the U.S. dollar in Wednesday trading, May 13, 2026, amid intervention measures carried out by Bank Indonesia in the offshore Non-Deliverable Forward (NDF) market. By the close of afternoon trading, the rupiah had strengthened by 53 points to Rp17,475 per U.S. dollar from the previous close of […]

3 months ago

Trump’s Anger Toward Iran Pressures Rupiah to Rp17,414 per US Dollar

JAKARTA, Jakartaweekly.com – The anger of United States President Donald Trump toward Iran has weakened the Indonesian rupiah. At the close of trading on Monday, May 11, 2026, the rupiah depreciated by 32 points to Rp17,414 per US dollar. Economist, currency, and commodities analyst Ibrahim Assuaibi said geopolitical risks have increased after Trump described Iran’s […]

3 months ago
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