Today's Top 3 News: Why Rupiah Could Weaken to 20,000 per Dollar

6 hours ago 3

March 26, 2026 | 07:45 pm

TEMPO.CO, Jakarta - Tempo English compiled the top 3 news on Thursday, March 26, 2026. Here are the highlights: Why the Indonesian Rupiah Could Weaken to 20,000 per Dollar; Vietnam Airlines to Cancel 23 Weekly Flights Amid Fuel Crisis; and Prabowo: Indonesia Safe, Public Should Evaluate Police Fairly.

The following is the list of the top 3 news on Tempo English today:

1. Why the Indonesian Rupiah Could Weaken to 20,000 per Dollar

Political Economy and Policy Studies (PEPS) has warned that Indonesia’s rupiah is increasingly vulnerable amid rising global geopolitical tensions, particularly the conflict in Iran.

Anthony Budiawan, Managing Director of PEPS, said the possibility of the rupiah weakening to around Rp20,000 per US dollar is no longer hypothetical but grounded in historical patterns.

“Indonesia has been lulled by the narrative that Indonesia's economy is strong, with large foreign exchange reserves exceeding US$150 billion,” Anthony said in a written statement on Monday, March 23, 2026.

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2. Vietnam Airlines to Cancel 23 Weekly Flights Amid Fuel Crisis

Vietnam Airlines will cancel nearly two dozen domestic flights per week starting in April 2026 due to limited aviation fuel supplies caused by the war in the Middle East, according to a statement from the national aviation authority, as quoted by Channel News Asia.

Jet fuel prices have soared since the outbreak of the conflict more than three weeks ago. The conflict has disrupted global oil distribution, sparking fears of fuel shortages.

"Vietnam Airlines plans to temporarily suspend operations on several routes starting April 1, totaling 23 flights per week," the country's civil aviation authority said in a statement on Monday evening, March 23, 2026.

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3. Prabowo: Indonesia Safe, Public Should Evaluate Police Fairly

Indonesian President Prabowo Subianto stated that the security and social situation in the country is not as bad as many people imagine, even compared to conditions in several other countries. According to him, Indonesia remains relatively safe overall.

Prabowo expressed this during a roundtable discussion with journalists and experts at his private residence in Hambalang, Bogor, West Java, on Tuesday, March 17, 2026. The President mentioned that social issues and violence often occur in many countries, and are not unique phenomena only in Indonesia.

"This is a social problem everywhere, but our country is not doing that bad," Prabowo said as quoted from a video interview uploaded on Prabowo's YouTube account.

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Today's Top 3 News: Why the Indonesian Rupiah Could Weaken to 20,000 per Dollar

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