# Rupiah Breaks Through Rp 17,900, How Far Will the Depreciation Continue?

> The rupiah briefly reached 17,906 per US dollar on the offshore NDF market, down 0.58% on the day. The currency is down 7.34% year to date. Bank Indonesia's 50 basis point rate hike has not been enough to ease pressure.

- Date: 2026-05-28 · published 2026-05-28T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/19565-rupiah-breaks-through-rp-17-900-how-far-will-the-depreciation-continue
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Persistent rupiah depreciation raises the cost of imported feed for Indonesian buyers and can slow purchases of dollar-denominated grain and meal.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- kompas.id: https://www.kompas.id/artikel/en-rupiah-tembus-rp-17900-sampai-kapan-terus-begini

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