JAKARTA, Jakartaweekly.com–The Jakarta Composite Index (JCI), or IHSG, opened lower at the start of the week on Monday, September 21, 2026. At 10:12 a.m. local time, the JCI was down 0.38% at 6,415.40. Senior Market Analyst at Mirae Asset Sekuritas Nafan Aji Gusta explained that the main market sentiment is being driven by the direction […]
JAKARTA, Jakartaweekly.com–Ibrahim Assuaibi, Director of Traze Andalan Futures, predicts that the dollar index (DXY) will strengthen this week, followed by WTI and Brent crude oil prices, while gold prices are expected to come under pressure. Ibrahim expects geopolitical tensions to remain elevated. The conflict in Estern Europe is expected to continue, particularly as Iran remains […]
JAKARTA, Jakartaweekly.com — The Indonesian rupiah came under pressure against the US dollar at the close of trading on Monday, August 31, 2026. The rupiah weakened by 29 points to Rp17,722 per US dollar, after earlier falling as much as 65 points. Ibrahim Assuaibi, Director of PT Traze Andalan Futures and an economic, currency, and […]
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 […]
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 […]
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 […]
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, […]
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 […]
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 […]
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 […]
