# Bank Indonesia Cuts Spot FX Intervention as USD/IDR Tests 18,000 | EBC Financial Group

> Bank Indonesia has cut spot FX intervention to about 30% of its total currency operations, shifting more defence of the rupiah to offshore and domestic NDF markets. USD/IDR traded as high as 18,057 on September 28 and closed near 17,970. The report cites US 10-year yields above 5%, Brent near $105 a barrel and uneven foreign demand for Indonesian assets.

- Date: 2026-09-29 · published 2026-09-29T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/17773-bank-indonesia-cuts-spot-fx-intervention-as-usd-idr-tests-18-000-ebc-financial
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

The policy shift changes how the rupiah is defended but does not directly alter feed supply or demand. Continued currency pressure keeps Indonesian import costs elevated, a modest factor for feed buyers.

## Sources

- ebc.com: https://www.ebc.com/forex/bank-indonesia-rupiah-intervention-ndf-dndf

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