Country: ID | Published: 2026-09-17
Indonesia's cabinet reshuffle continues to split investor opinion, though Jakarta's price action told a different story, with the composite index climbing modestly and foreign mone
Indonesia's cabinet reshuffle continues to split investor opinion, though Jakarta's price action told a different story, with the composite index climbing modestly and foreign money flowing into big banks even as Wall Street sold off. The Fed's latest hike pushed the dollar higher against the rupiah, keeping currency pressure in play. Meanwhile, trade diplomacy is picking up, with pushes for stronger ties with the UK and an expanded strategic partnership with Vietnam, alongside stricter sanctions called for against forest fire perpetrators.