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ASEAN Macro Daily
Rupiah Breaches 18,000 as BI Defends; MSCI Risk Weighs (10/20/2026). AI-generated ASEAN macro daily notes: BI, BOT, regional FX, and activity prints. Free. Updated on ASEAN business days.
Back to all NotesIndonesian assets under severe pressure: JCI plunged 3.64% to 4,996.61 as the rupiah breached Rp 18,000 intraday before stabilizing; BI has stepped up intervention and rate-hike bets are rising.Regional FX mixed: USD/IDR eased 0.63% to 17,943 on stabilization measures, while USD/THB rose 0.48% to 33.59 and USD/PHP edged up 0.13% to 63.03; USD/MYR and USD/SGD were broadly flat.Policy divergence widening: Vietnam's central bank has agreed to lower rates to support growth, Malaysia's BNM carries a hawkish bias, and the BSP remains among the region's most hawkish central banks per Nomura.
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