Indonesia Stocks Trim Gains as Rupiah Rises on Rate Hold

Summary：Jakarta index gains 1.2% while rupiah strengthens after BI holds rates at 4.75% amid oil-driven external risks.

The Indonesian stock market narrowed its gains on Tuesday after the central bank kept the interest rates unchanged, with the rupiah slightly strengthening.

The Jakarta Composite Index rose by 1.2%, with intraday gains reaching as much as 1.8%. The rupiah strengthened to around 16,975 per US dollar, moving away from the previous historical low of 16,995.

Bank Indonesia maintained its benchmark 7-day reverse repo rate at 4.75% and announced new foreign exchange policies to support the local currency. The central bank governor stated that intervention in the rupiah has been intensified to address pressures stemming from the Middle East conflict.

Analysts indicated that rising oil and gas prices might widen the current account deficit, posing a continued downward risk to the rupiah.

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

The End

Previous Next

Comments

Written byTraderKnows

Created date:2026-03-17 10:27

Last Updated:2026-03-17 10:36

Independent Analysis: Manually researched and fact-checked by the TraderKnows Compliance Team, based on public regulatory records.

Wiki

Stock price

The stock price is an important indicator of a company's value and market expectations. Investors can make more informed investment decisions by analyzing the stock price and related indicators. At the same time, companies should pay attention to stock performance, enhance their performance and market image, and maintain and improve shareholder value.