Indonesian Rupiah Slides Toward 17,000 per U.S. Dollar as Policy Credibility and Global Risks Weigh on Markets
JAKARTA — Indonesia’s rupiah remained under pressure on Tuesday (Jan 20, 2026), edging closer to the psychologically significant level of 17,000 per U.S. dollar, even as the country’s stock market surged to a new all-time high. Bloomberg data showed the rupiah opening weaker at 16,997 per dollar, before briefly strengthening to 16,976 by mid-morning. Despite…
