Oil markets have recently shown signs of stabilising after earlier pressure eased amid declining concerns over possible supply chain disruptions linked to tensions in the Middle East.
The rupiah weakened to Rp17,660 against the US dollar on Monday, raising concerns over the potential impact on prices and household spending.
Meanwhile, Bank Indonesias Jakarta Interbank Spot Dollar Rate (Jisdor) set the rupiah at Rp17,375 per US dollar.
The rupiah weakened on Tuesday (5 May 2026), even as Indonesias statistics agency reported economic growth of 5.61 per cent.
