Rupiah depreciated further to as low as Rp17,786 this morning before regained some grounds on expectation of higher BI rate. Composite index of Indonesia Stock Exchange/IDX (IHSG), in the meantime, opened lower by more than one percent despite government’s claim of ‘fiscal discipline’, reflected in 0.64% to GDP deficit of the State Budget 2026 till end of April. To subscribe please click here
