# Indonesia's depreciating rupiah: 5 things to know - Nikkei Asia

> The rupiah fell on Tuesday to its lowest level against the US dollar since the 1998 Asian financial crisis, exceeding its depreciation during the COVID-19 pandemic. It has weakened about 3% this year, making it one of the poorest-performing emerging market currencies. Exporters benefit while importers and consumers face higher prices.

- Date: 2025-03-27 · published 2025-03-27T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/25915-indonesia-s-depreciating-rupiah-5-things-to-know-nikkei-asia
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

The weaker currency lifts import prices for feed and food inputs in Indonesia while improving export competitiveness. Investor skepticism about economic policy keeps downside risk in place.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- asia.nikkei.com: https://asia.nikkei.com/business/markets/currencies/indonesia-s-depreciating-rupiah-5-things-to-know

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