maaf email atau password anda salah

Other Tempo Media
Majalah Tempo
Koran Tempo
Tempo.co
Subscribe

Rush to Foreign Currency

Monday, May 11, 2026

Economic uncertainty and mounting pressure on the rupiah prompt some Indonesians to move their savings into foreign currencies. For many, it is a form of asset hedging.

arsip tempo : 178045249751.

A monitor screen displaying U.S. dollar buying and selling rates at a foreign exchange service office in Jakarta, April 27, 2026. Tempo/Martin Yogi Pardamean. tempo : 178045249751.

MUHAMMAD Malik, 32, now closely monitors currency movements. In between work routines, the private-sector employee regularly opens his digital banking app to check the selling rates of the United States dollar and the Swiss franc. Since conflict in the Middle East rattled global markets and the rupiah continued to weaken, he began to feel the need to protect his savings.

Several months ago, Malik opened two foreign currency accounts through his

...

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 750.000/12 months

  • *Flexible payment methods
  • *Unlimited access to Tempo Plus & Tempo Magz
Subscribe

Rp 386.280/6 months

  • *Auto-renews every 6 months
  • *Cancel at anytime
  • *Unlimited access to Tempo Plus & Tempo Magz
Subscribe

See Other Packages

Already a Subscribed? Log in here
To receive daily news by Email, Sign up for Tempo ID.

Caesar Akbar

Bank Indonesia rupiah depreciation Rupiah Foreign Exchange
Prev Next

More Articles

More exclusive contents

  • June 1, 2026

  • May 25, 2026

  • May 18, 2026

  • May 11, 2026

Independent journalism needs public support. By subscribing to Tempo, you will contribute to our ongoing efforts to produce accurate, in-depth and reliable information. We believe that you and everyone else can make all the right decisions if you receive correct and complete information. For this reason, since its establishment on March 6, 1971, Tempo has been and will always be committed to hard-hitting investigative journalism. For the public and the Republic.

Login Subscribe