As expected Indonesian stocks as well as the rupiah weakened after the opening of trade on Monday morning (06/07). This performance is in line with the direction of other markets in Asia. The primary reason behind this performance is the result of Greece’s referendum, conducted on Sunday (05/07), in which Greek voters overwhelmingly rejected reform plans that are demanded by the country’s international creditors. This result seriously jeopardizes the future of Greece in the Eurozone.
20 January 2020 (closed)
USD/IDR (13,678) +20.00 +0.15%
EUR/IDR (15,155) +4.41 +0.03%
Jakarta Composite Index (6,245.04) -46.61 -0.74%