# Could the Rupiah Hit Rp22,000? BI Responds to Market Turmoil

> Bank Indonesia pledged to keep the rupiah stable after it hit a record low of Rp 18,184 per dollar. A government official warned the currency could weaken further to Rp 22,000 per dollar over concerns about market governance and investor confidence. The JISDOR reference rate was also a record low at Rp 18,183.

- Date: 2026-10-29 · published 2026-10-29T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/17361-could-the-rupiah-hit-rp22-000-bi-responds-to-market-turmoil
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Currency weakness of this size would make imported feed ingredients considerably more expensive for Indonesian buyers, and central bank intervention could limit or slow that effect.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- jakartaglobe.id: https://jakartaglobe.id/business/could-the-rupiah-hit-rp22000-bi-responds-to-market-turmoil

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