# Rupiah merosot karena pasar tunggu isyarat pemangkasan Fed Funds Rate - ANTARA News

> The rupiah opened weaker against the US dollar on March 28, 2024, falling 23 points to Rp15,881 per dollar as traders awaited signals on Fed rate cuts. Markets were focused on the US PCE inflation data due that Friday, which analysts said would guide the timing of Fed easing. Prabowo Subianto and Gibran Rakabuming Raka's election win was seen as a possible positive for the rupiah.

- Date: 2024-03-28 · published 2024-03-28T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/31517-rupiah-merosot-karena-pasar-tunggu-isyarat-pemangkasan-fed-funds-rate-antara
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A firmer dollar on delayed Fed easing raises the rupiah cost of imported feed inputs and adds to Indonesian feed-buyer costs. The effect on grain prices is indirect.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- antaranews.com: https://www.antaranews.com/berita/4032393/rupiah-merosot-karena-pasar-tunggu-isyarat-pemangkasan-fed-funds-rate

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