Currency

3 articles

Indonesian rupiah symbol plummeting in value against the dollar amidst a chaotic stock market selloff, with the Indonesian flag in the background.

Indonesia central bank raises rates to counter market selloff

Indonesia's rupiah has plummeted to a record low of over 18,000 to the dollar, prompting an emergency 25-basis-point interest rate hike from its central bank, according to Reuters .

David Chen·June 9, 2026

Visual representation of Indonesia's financial market crisis with falling stocks, depreciating currency, and rising bond yields.

Markets

Indonesia market rout deepens as bonds, currency, stocks slide

Indonesia's 10-year government bond yield surged by 33 basis points on Monday, hitting its highest level in over a year.

Alex Petrenko·June 8, 2026

Indonesian officials desperately try to stabilize the falling Rupiah currency as it plummets against the US dollar, highlighting economic instability.

Wealth

Indonesian officials vow to stabilize Rupiah as it hits Rp18,000

The Indonesian rupiah breached Rp 18,000 per US dollar on Thursday, marking an 8% loss this year and cementing its position as Asia's worst-performing currency, per The Jakarta Post.

Samuel Holloway·June 6, 2026