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Edition of Wednesday, 11 November 2026English edition
The Geopolitician

Country risk, from the local press

Indonesia · Country watch

OJK Sets New Rules, Rupiah Weakens

OJK introduces new regulations for strategic commodities exchange, while the rupiah weakens against the USD, impacting financial operations.

The picture Deteriorating How this is judged →

Business conditions in Indonesia are deteriorating due to new regulatory requirements for commodities, a weakening rupiah, and weather disruptions. The new OJK rules and adverse weather conditions will impact financial and logistical operations this week.

In this briefing Otoritas Jasa Keuangan · Bursa Mineral dan Komoditas Strategis · BMKG · Indonesia · Rupiah · Gibran

Regulation

  • Finance
  • Mining

OJK Prepares New Rules for Strategic Commodities

OJK Donang Wahyu|KATADATA
OJK Donang Wahyu|KATADATA — Baaqii, CC BY-SA 4.0 via Wikimedia Commons

The Otoritas Jasa Keuangan (OJK) has announced the preparation of two new regulations to govern the Bursa Mineral dan Komoditas Strategis (BMKS), which will commence operations on January 1, 2027. These regulations aim to establish a framework for the regulation and supervision of strategic mineral and commodity exchanges, according to Okezone.com. The OJK is ready to implement these oversight measures, pending the appointment of the exchange operator, as reported by ANTARA News.

Impact Commodity traders and financial institutions must prepare for new regulatory compliance requirements by January 2027.

Sources: okezone.com ↗, ANTARA News ↗

Safety & health

  • Logistics
  • Agriculture

BMKG Issues Heavy Rain Alert in Five Provinces

Part of: BMKG issues warnings for extreme weather in Indonesia →

The Meteorology, Climatology, and Geophysics Agency (BMKG) has issued a heavy rain alert for five provinces, warning of extreme weather conditions including heavy rain, high waves up to four meters, and coastal flooding. Liputan 6 reports that these conditions pose significant risks to coastal and agricultural areas, potentially disrupting transport and logistics operations.

Impact Logistics providers and agricultural operations in affected provinces face potential disruptions due to severe weather conditions.

Sources: Liputan 6 ↗

Markets

  • Finance

Rupiah Weakens to Rp18,149 per USD Amid Impeachment News

Part of: Indonesian Rupiah fluctuations against US Dollar →

The Indonesian rupiah weakened by 87 points, closing at Rp18,149 per US dollar, as expectations of high US Federal Reserve interest rates grow, according to Okezone.com. The currency's decline coincides with heightened political tensions surrounding the impeachment proceedings of Gibran, further impacting investor sentiment.

Impact Importers and companies with USD-denominated debts face increased costs as the rupiah weakens against the dollar.

Sources: okezone.com ↗

Nothing significant reported today in Disruption · Internal tension · Companies · Trade · Politics.

Also today in the local press

Sources in this briefing

Sources: each headline links to the original article on the publisher's site.

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