# Indonesian rupiah nears record low as fiscal worries rattle investors

> The Indonesian rupiah neared its weakest level against the US dollar since the 1998 Asian Financial Crisis, trading around 16,580 per dollar. Investors are worried about slowing growth, rising government spending and Prabowo's free meals programme. The rupiah has lost about 3% this year, the worst performance among Asian currencies.

- Date: 2025-03-26 · published 2025-03-26T12:00:00.000Z
- Category: macro · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/25910-indonesian-rupiah-nears-record-low-as-fiscal-worries-rattle-investors
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A weaker rupiah raises the cost of imported feed inputs for Indonesian buyers while supporting exporters. Continued fiscal concerns could keep pressure on the currency and on import costs.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/asia/indonesian-rupiah-stalks-record-low-fiscal-worries-rattle-investors-2025-03-26/

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