# Rupiah back near 18,000 on strong dollar, high oil price - Markets - The Jakarta Post

> The rupiah weakened back to 18,000 per dollar on September 28 as the US-Iran standoff lifted oil and bond yields and the dollar hovered near a two-month high. Bank Indonesia had kept its policy rate at 5.75% despite a recent Federal Reserve hike. The new BI governor said the central bank would rely more on hedging instruments.

- Date: 2026-09-28 · published 2026-09-28T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/17772-rupiah-back-near-18-000-on-strong-dollar-high-oil-price-markets-the-jakarta-post
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Persistent rupiah weakness raises import costs for Indonesian feed makers and can dampen local demand for imported feed ingredients. The impact on world feed prices is modest.

## Sources

- thejakartapost.com: https://www.thejakartapost.com/business/2026/09/28/rupiah-back-near-18000-on-strong-dollar-high-oil-price

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