# Rupiah Slips Further as US Dollar Dominates Global Markets - Indonesia Sentinel

> The rupiah extended its decline on November 21, 2024, following Bank Indonesia's rate decision and the dollar's gains after Trump's election win. Bank Indonesia Governor Perry Warjiyo said US political changes had strengthened the dollar and pulled capital back to the US.

- Date: 2024-11-21 · published 2024-11-21T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/27733-rupiah-slips-further-as-us-dollar-dominates-global-markets-indonesia-sentinel
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Capital flight back to the US and a firmer dollar weaken the rupiah and raise the cost of dollar-denominated feed imports for Indonesia.

## Sources

- indonesiasentinel.com: https://indonesiasentinel.com/rupiah-slips-further-as-us-dollar-dominates-global-markets/

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