# Indonesia rupiah hits new record low despite currency intervention, president downplays fall | Reuters

> The rupiah dropped as much as 1.2% to a record low despite central bank currency intervention. The country's president downplayed the currency's fall. The article text is truncated.

- Date: 2026-05-18 · published 2026-05-18T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/19561-indonesia-rupiah-hits-new-record-low-despite-currency-intervention-president
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A weaker rupiah makes imported soymeal, corn and wheat more expensive for Indonesian feed mills, which can reduce import demand at the margin.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/world/asia-pacific/indonesia-rupiah-hits-new-record-low-president-downplays-day-to-day-impact-2026-05-18/

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