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Protests Ease, but Markets Remain Alert

Monday, September 8, 2025

Investors should remain vigilant, even though demonstrations have subsided. Risk of market meltdown still lingers.

arsip tempo : 177270915829.

Ilustration: TEMPO/Alvin Siregar. tempo : 177270915829.

VIOLENT demonstrations that erupted across Indonesia in late August, leaving fatalities and injuries in their wake, briefly sent the country’s financial markets into turmoil. On Monday, September 1, 2025, the rupiah plunged to nearly Rp16,500 per United States dollar, a sharp fall from the Rp16,100 level that had prevailed before the protests began to spread.

Fortunately, the initial panic did not spiral out of control. By the end of

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