(March 25): The Indonesian rupiah and stocks gained as domestic markets reopened after a week-long holiday, buoyed by hopes over the Trump administration’s push to ease Iran war tensions. The rupiah rose as much as 0.6% against the dollar, the most in more than six months, to lead Asian peers in early Wednesday trading. Oil prices, a key concern for investors in Indonesian assets, fell on Wednesday. “Uncertainty remains very elevated,” Rully Arya Wisnubroto, head of research at PT Mirae Asset Sekuritas Indonesia, wrote in a note. “As a result, market volatility continues to be driven by headline risk and shifting perceptions of escalation versus de-escalation.”

Source: The Edge Markets March 25, 2026 02:15 UTC