Today's Top 3 News: Prabowo Says Villagers Don't Use Dollars, Rupiah Could Hit Rp18,000 by May's End

TEMPO.CO, Jakarta - Tempo English compiled the top 3 news on Sunday, May 17, 2026. Here are the highlights: Rupiah Weakens; Prabowo: 'Villagers Don't Use US Dollars'; Analyst Predicts Rupiah Could Breach Rp18,000 by End of May; and US-China Summit: What Is Xi Jinping's Stance on Iran War?.

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

1. Rupiah Weakens; Prabowo: 'Villagers Don't Use US Dollars'

Indonesian President Prabowo Subianto is not worried about the weakening of the rupiah against the U.S. dollar. Prabowo believes that the decline in the rupiah's exchange rate does not directly affect rural communities. Read more here.

2. Analyst Predicts Rupiah Could Breach Rp18,000 by End of May

The rupiah could weaken beyond Rp18,000 per U.S. dollar by the end of May and potentially slide further to Rp22,000 if external pressures persist, according to Ibrahim Assuaibi, director of futures brokerage firm PT Traze Andalan Futures.

The rupiah briefly fell to around Rp17,600 per U.S. dollar in Friday morning trading on May 15, 2026, amid mounting global uncertainty. Click here for details on how these external shocks are reshaping Indonesia's financial outlook.

3. US-China Summit: What Is Xi Jinping's Stance on Iran War?

US President Donald Trump, claimed on Thursday, May 14, 2026, that Chinese President  Xi Jinping pledged that Beijing wouldn't provide military equipment to Iran. Trump also claimed that Xi expressed support for keeping the Strait of Hormuz open. Click for details.

Today's Top 3 News: Analyst Predicts Rupiah Could Breach Rp18,000 by End of May

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