Macroeconomics

Indonesia Seeks to Calm Investors after Stocks, Rupiah Slide

March 27, 2025, 05.00 PM | Source: Reuters
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)

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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