Indonesia Seeks to Calm Investors after Stocks, Rupiah Slide

March 27, 2025, 05.00 PM
Indonesia Seeks to Calm Investors after Stocks, Rupiah Slide

ILUSTRASI. The rupiah has fallen to its weakest since 1998, following a slide of as much as 7.1% in the main stock index last week. (KONTAN/Cheppy A. Muchlis)

Source: ReutersEditor: Yudho Winarto

MACROECONOMICS- JAKARTA. Indonesian officials will seek to address concerns among investors and other key economic players about an economic downturn in Southeast Asia's biggest economy following a stock market selloff and currency slump, an official said on Thursday.

President Prabowo Subianto will meet with investors and others following the long Eid-al-Fitr holiday, which begins on Friday, aiming to correct misperceptions about the government's policies, said Raden Pardede, a special aide to Indonesia's senior economic minister Airlangga Hartarto.

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