# Indonesian Rupiah Falls Past Key Level of 16,000 Per Dollar

> The Indonesian rupiah slipped past the psychological 16,000-per-dollar level on Friday, December 13, falling as much as 0.5% to 16,002. Bank Indonesia said it was carrying out a bold market intervention to defend the currency, which it said has stronger fundamentals.

- Date: 2024-12-13 · published 2024-12-13T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/27290-indonesian-rupiah-falls-past-key-level-of-16-000-per-dollar
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Currency weakness driven by a firmer dollar and geopolitical risk raises the cost of Indonesian-sourced commodities in dollar terms, a minor factor for feed and oilseed pricing.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2024-12-13/indonesian-rupiah-falls-past-key-level-of-16-000-per-dollar

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