Latest news and articles about Indonesian Economy from NEX English
The Indonesian rupiah is expected to decline against the US dollar following the failure of the second round of negotiations between the United States and Iran. Analysts predict that this setback will lead to higher oil prices and strengthen the dollar.
Budi Wanto, a member of the Indonesian Parliament's transportation committee, has called for the activation of Kertajati International Airport to stimulate the local economy in West Java. He emphasized that the airport should become a key hub for economic growth rather than a mere symbol of inactivity.
On Thursday morning, Indonesia's Composite Stock Price Index (IHSG) opened with a decline of <strong>31.33 points</strong>, equivalent to <strong>0.44%</strong>, settling at <strong>7,153.11 points</strong>. This decline reflects instability in Indonesia's financial markets amid increasing economic pressures.
The Indonesian Industrial Confidence Index (IKI) recorded a level of <strong>51.86</strong> in March 2026, indicating continued expansion despite a drop from <strong>54.02</strong> in the previous month. This decline is attributed to seasonal factors and external influences.
The Jakarta Festive Wonder 2026 festival, held from March 4 to 31, achieved remarkable economic transactions totaling <strong>67.5 trillion Indonesian rupiah</strong>. This event significantly boosted economic activity in the capital city.