The Institute for Development of Economics and Finance (INDEF) urges the Indonesian government to maintain policy credibility to strengthen both the Rupiah and the Indonesia Stock Exchange (IHSG). INDEF’s Head of Macroeconomics and Finance, M Rizal Taufikurahman, emphasized this is crucial for positive market response. Maintaining trust in economic policies is seen as vital for attracting investment and bolstering the currency. A credible approach will help counter external pressures impacting the Rupiah’s value. The call comes amid ongoing efforts to stabilize Indonesia’s economic outlook. Strengthening the Rupiah and IHSG are key indicators of economic health and investor confidence.
