JAKARTA -- The Indonesia Stock Exchange (IDX) Composite index tumbled over 9% at one point on Tuesday, reflecting growing fears over the effects of the sweeping new U.S. tariff policy as trading resumed after the weeklong Eid holiday break. The rupiah fell to an all-time low.
Markets
Indonesian stock index tumbles over 9%; rupiah falls to all-time low
Reopening after weeklong religious holidays met with Trump turbulence
Jakarta's main stock index was down 9.6% at one point in morning trade on April 8, while the currency, the rupiah, hit an all-time low against the U.S. dollar. (Photo by Yuki Kohara)
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