# Dollar Flies from IDR15,000 to IDR16,300: Here's the Chronology and the Main Causes! - Digivestasi

> The rupiah weakened 1.24% to 16,285 per dollar on Wednesday, December 19, its steepest drop since October, after trading near 15,900 on December 13. Bank Indonesia Governor Perry Warjiyo blamed global uncertainty, including Trump-era US policy, limited Fed rate cuts, dollar strength and geopolitical risk.

- Date: 2024-12-20 · published 2024-12-20T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/27295-dollar-flies-from-idr15-000-to-idr16-300-here-s-the-chronology-and-the-main
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

The sharp rupiah sell-off lowers Indonesian export prices in dollar terms, which can pressure palm oil and other Indonesian commodity values, though the effect is modest.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- digivestasi.com: https://digivestasi.com/news/detail/bisnis_ekonomi/dollar-flies-from-idr15-000-to-idr16-300-here-s-the-chronology-and-the-main-causes?lang=eng

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