Concerns about emerging market contagion is pushing emerging market stocks, currencies, and bonds in deep red territory on Wednesday (05/09). Indonesia leads the decline with its benchmark Jakarta Composite Index plunging slightly over 3 percent in the first one-and-half hours of trading, while the rupiah is sliding toward the IDR 15,000 per US dollar level (its weakest position since the Asian Financial Crisis in the late-1990s).
Update COVID-19 in Indonesia: 563,680 confirmed infections, 17,479 deaths (4 December 2020)
4 December 2020 (closed)
USD/IDR (14,182) +5.00 +0.04%
EUR/IDR (17,221) +45.06 +0.26%
Jakarta Composite Index (5,810.48) -12.46 -0.21%