# Rupiah’s Decline - Market Pulse - magz.tempo.co

> The rupiah has fallen sharply, approaching Rp15,900 per dollar, and Indonesia's economy looks more exposed to global market turbulence than it did last year. External shocks are the main driver, but domestic factors also contribute, including market concern over Prabowo's policy intentions. The article contrasts this with last year's relative resilience.

- Date: 2024-03-30 · published 2024-03-30T12:00:00.000Z
- Category: macro · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/31519-rupiah-s-decline-market-pulse-magz-tempo-co
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A sustained rupiah slide raises the local-currency cost of imported feed ingredients and could pressure Indonesian feed mills' margins. Persistent weakness would also make import buying more expensive.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- magz.tempo.co: https://magz.tempo.co/read/market-pulse/41731/rupiahs-decline

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