# Iran war, domestic strains push rupiah to new historic low - Economy - The Jakarta Post

> The rupiah hit a new record low on April 23, breaching the 1998 Asian Financial Crisis low of 17,300 per dollar and trading at 17,310. It was the worst-performing currency in the region that day, falling 0.61%. Bank Indonesia pledged further intervention while analysts pointed to domestic vulnerabilities, including rising fuel subsidy costs.

- Date: 2026-04-23 · published 2026-04-23T12:00:00.000Z
- Category: macro · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/20041-iran-war-domestic-strains-push-rupiah-to-new-historic-low-economy-the-jakarta
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A record-low rupiah sharply raises the cost of imported feed and energy for Indonesian livestock and feed producers. Fiscal strain from fuel subsidies could also affect government purchasing and budget decisions.

## Sources

- thejakartapost.com: https://www.thejakartapost.com/business/2026/04/23/iran-war-domestic-strains-push-rupiah-to-new-historic-low

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