# Rupiah Surut, Terdesak Kemungkinan The Fed Tahan Suku Bunga

> The rupiah weakened 38 points to 16,413 per US dollar on June 26, pressured by expectations that the Fed will keep rates high for longer. Stronger US PMI and consumer confidence readings fueled that view.

- Date: 2024-06-26 · published 2024-06-26T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/30131-rupiah-surut-terdesak-kemungkinan-the-fed-tahan-suku-bunga
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Firm US data supports the dollar, which keeps import costs for Indonesian feed and ingredient buyers elevated. The effect on commodity prices is limited because the move is a routine daily fluctuation.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- investor.id: https://investor.id/market/365299/rupiah-surut-terdesak-kemungkinan-the-fed-tahan-suku-bunga

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