# IDR Weakens Past 16,000 Per USD; Indonesia Central Bank Intervenes - Bloomberg

> The rupiah weakened past 16,000 per dollar for the first time in four years. Bank Indonesia intervened mainly in spot and domestic non-deliverable forward markets to support the currency.

- Date: 2024-04-16 · published 2024-04-16T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/31051-idr-weakens-past-16-000-per-usd-indonesia-central-bank-intervenes-bloomberg
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Currency pressure raises import costs for Indonesian feed buyers and signals central bank defense of the rupiah, which may limit further pass-through to local feed prices.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2024-04-16/bank-indonesia-intervenes-after-rupiah-weakens-beyond-16-000

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