Indonesia’s Rupiah Slides to Record, Stocks Tumble With Bonds

The Indonesian rupiah fell to a new all-time low, stocks slid and bond yields surged as oil prices advanced and as local markets reopened after a two-day holiday.

The rupiah dropped 1.1% to 17,658 per dollar on Monday, the worst performer in the region. Equities slumped 4.1% to the lowest in over a year, extending their Wednesday’s fall after MSCI Inc. moved to exclude several stocks from its indexes.