Today's headlines

Hormuz Breakthrough Fuels Indonesian Market Rally; Stocks and Rupiah Strengthen

The benchmark stock index of Indonesia (Jakarta Composite Index) soared by 4.12 percent on Monday (15 June 2026) amid surging markets after news broke that the United States and Iran are to sign a peace deal (that also involves the Israeli conflict in Lebanon).

Melawan Arus: Danantara Tepis Aliran Modal Keluar dengan Permintaan Obligasi Perdana $4.6M

Beberapa orang mungkin mengatakan bahwa kita hidup di masa di mana logika pasar sulit untuk dianalisis. Sentimen ini kembali muncul setelah adanya pengumuman bahwa sovereign wealth fund Indonesia, Danantara, berhasil menarik puncak permintaan sekitar USD $4.6 miliar untuk penjualan obligasi perdana dalam denominasi dolar AS. Nilainya mencapai lebih dari tiga kali lipat dari total ukuran penerbitan.

Bank Indonesia Naikkan Suku Bunga Secara Tak Terduga demi Sokong Rupiah

Melihat kondisi rupiah yang rapuh, Bank Indonesia tidak ingin menunggu pertemuan kebijakan moneter bulanan yang dijadwalkan pada 17-18 Juni 2026. Sebaliknya, bank sentral Indonesia tersebut menaikkan suku bunga acuannya (BI Rate) sebesar 25 basis poin (bps) menjadi 5.50 persen pada hari Selasa, 9 Juni 2026.

BI Forex Reserves Hit 2-Year Low as Currency Interventions Intensify

In line with expectations, Bank Indonesia's foreign exchange reserves recorded a decline last month. On Monday (8 June 2026), the central bank of Indonesia stated that these reserves fell USD $1.3 billion, settling at USD $144.9 billion at the end of May 2026. This marks the lowest level of foreign exchange reserves since June 2024.

Curbing Political Pressure: Labour Activist Said Iqbal Tipped to Join Prabowo’s Cabinet

There are strong signals that Said Iqbal, Chairman of the Confederation of Indonesian Trade Unions (Konfederasi Serikat Pekerja Indonesia, or KSPI) and Head of the Labour Party (Partai Buruh), will be added to Indonesian President Prabowo Subianto's Red and White Cabinet (possibly as soon as Monday 8 June 2026).

Indonesia’s 2026 Budget Deficit Hits 0.70% through May

Indonesian Finance Minister Purbaya Yudhi Sadewa announced on Friday (5 June 2026) that Indonesia's government budget deficit reached IDR 180.4 trillion (approx. USD $10 billion) in the first five months of 2026. This is equivalent to 0.70 percent of Indonesia's gross domestic product (GDP).

Corruption at Indonesia's Immigration Office and National Nutrition Agency?

Indonesia's governance has been rocked by back-to-back high-profile corruption scandals after both the Vice Minister of Immigration and Correction and the leadership of the National Nutrition Agency (Badan Gizi Nasional, or BGN) were named suspects in separate criminal investigations.

Market Rout Continues in Indonesia - Rupiah and Stocks Under Pressure

Although losses were somewhat pared later on during the trading day, the Indonesian rupiah and benchmark stock index (Jakarta Composite Index) were still under plenty of pressure on Thursday (04 June 2026). The rupiah in fact passed beyond the psychological boundary of IDR 18,000 per US dollar, extending its record-low streak.

Bank Indonesia Raises Its Key Interest Rate by 50 bps to 5.25% in May 2026

Bank Indonesia decided to raise its benchmark interest rate (BI Rate) from 4.75 percent to 5.25 percent in an effort to support the fragile rupiah rate that had hit a record low against the US dollar one day earlier (trading at around IDR 17,700 per US dollar). This is an aggressive move but one that does indeed support the Indonesian currency.

Indonesia Investments Released April 2026 Report - Plastic & Energy Challenge

On Monday (04 May 2026), Indonesia Investments released the April 2026 edition of its monthly report. In this report we discuss key economic, political and social developments that occurred in Indonesia in April 2026.