# Bank Indonesia Rupiah Stability Amid Governance Fears

> The rupiah closed at a record low of Rp 18,184 per US dollar on October 28, and Bank Indonesia pledged to maintain currency stability. Presidential envoy Hashim Djojohadikusumo warned the rupiah could slide to Rp 20,000–22,000 if governance concerns and share valuations are not addressed, while MSCI is consulting on a possible downgrade of Indonesian equities.

- Date: 2026-11-01 · published 2026-11-01T18:11:45.837Z
- Category: macro · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/30124-bank-indonesia-rupiah-stability-amid-governance-fears
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A sharply weaker rupiah increases the cost of imported feed inputs and fertiliser-linked goods for Indonesian buyers, supporting higher domestic feed prices.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- asianomist.com: https://asianomist.com/article/bank-indonesia-pledges-rupiah-stability-amid-record-lows

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