2026-01-21 07:50:26

Indonesia's central bank kept its benchmark rate unchanged this week as the rupiah hit record lows. The move was designed to stabilize the currency amid external pressures. When emerging market currencies weaken like this, it often signals broader capital outflows and shifts in investor sentiment—dynamics that crypto markets tend to track closely.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

14 Likes

Reward
14
6
Repost
Share

Comment

0/400

MondayYoloFridayCry

· 4h ago

The Bank of Indonesia's recent actions are really starting to be hard to hold... The Indonesian rupiah has fallen to a record low and yet remains unmoved. What are they betting on? 🤔 The signs of capital flight are so obvious, it feels like the entire emerging market is teetering, and the crypto world will definitely be affected by the turmoil.

View OriginalReply0

CascadingDipBuyer

· 4h ago

The Indonesian Central Bank's move feels like they're just holding on... The currency hits a new low and they don't change the interest rate. How much confidence does that take? Anyway, I believe there will be a big market move later. I'll buy when people panic and sell off.

View OriginalReply0

MetaverseLandlady

· 4h ago

The Indonesian Central Bank's move is quite interesting. The exchange rate has fallen so much, yet they still haven't raised interest rates? It seems they want to defend the market... Speaking of which, crises in emerging markets always end up flowing into the crypto market. If funds can't exit, they just pile onto the chain. Is that true?

View OriginalReply0

NFTArtisanHQ

· 4h ago

the rupiah's collapse is basically a live case study in how traditional monetary policy becomes aesthetically obsolete when faced with systemic capital flight... like watching benjamin's mechanical reproduction thesis play out in forex markets lol

Reply0

FlashLoanPrince

· 4h ago

The Indonesian Central Bank's move is a bit like rowing a boat to find a sword; if the rupiah keeps falling, the crypto world will go nuts.

View OriginalReply0

MindsetExpander