The rupiah fell 1.8 % to a record low as markets reopened following an extended holiday break and reacted to the global market turmoil caused by US tariffs, and Indonesia’s stock market fell 9 % in early trade on Tuesday ( Apr 8 ), triggering a 30-minute trading halt.
According to London Stock Exchange Group ( LSEG )  , data, the main index dropped 9.2 % to its lowest since June 2021 in early deals, while the rupiah dropped to 16,850 per US dollar, going past its Asian Financial Crisis trough.
A fall of 8 % would result in a 30-minute suspension of trading, the bourse announced ahead of the market opening, which had previously been changed from 5 % to 5 %. There would be a 30-minute pause in trading if the market then extended losses by 15 %.
Trading may be suspended for the rest of the day if the main index fell by more than 20 %, which the ipo claimed would give buyers “liquidity area and chance” to absorb and process information.
Sell directions below that amount would be immediately rejected, according to the stock exchange, if an adult reveal fell by 15 %.
These are taken with business circumstances in mind. After a more than a year of breaks, domestic and foreign investors should feel secure that we give them sufficient room to trade, according to IDX CEO Iman Rachman at a press conference.
According to IDX administrative Jeffrey Hendrik, trading regulations may be changed once problems start to improve.
Indian businesses reopened on Tuesday for the first time since the close on March 27 and are catching up with international market movements as a result of next week’s US tax news, which included a strategy for a 32 percent tax on Indonesian goods.