# Indonesian markets feel whiplash of US tariffs after holiday break

> Indonesia's stock market fell 9.2% in early trade and closed 7.9% lower on April 8 after reopening from a holiday. The rupiah dropped as much as 1.9% to 16,868 per dollar, a record low, as global markets reacted to US tariffs.

- Date: 2025-04-08 · published 2025-04-08T12:00:00.000Z
- Category: macro · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/25446-indonesian-markets-feel-whiplash-of-us-tariffs-after-holiday-break
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

The sharp rupiah sell-off raises the local cost of imported feed ingredients and signals stress in Indonesia's financial conditions that could affect importers' hedging and purchasing.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/asia/indonesia-stock-exchange-says-20-fall-would-see-trade-suspended-day-2025-04-08/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.