# Rupiah turun saat pasar tunggu rilis data PDB AS kuartal IV-2023 - ANTARA News

> The rupiah fell 0.30% to Rp15,692 per dollar on February 28, 2024, as markets awaited the US fourth-quarter GDP release and the core PCE inflation index. Analysts said stronger-than-expected US data could keep the Fed on hold for longer and pressure the rupiah.

- Date: 2024-02-28 · published 2024-02-28T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/31985-rupiah-turun-saat-pasar-tunggu-rilis-data-pdb-as-kuartal-iv-2023-antara-news
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A firmer dollar on expectations of higher US rates raises the local-currency cost of imported feed ingredients for Indonesian buyers, with little direct effect on grain prices.

## Read by commodity

- DXY: bullish ▲
- USDIDR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-10-31 | [Rupiah meningkat seiring pasar tunggu rilis data inflasi AS - ANTARA News](https://feedsoft.ai/events/28173-rupiah-meningkat-seiring-pasar-tunggu-rilis-data-inflasi-as-antara-news.md) | +0.7% | +1.4% |
| DXY | 2022-03-31 | [Rupiah melemah seiring penantian pasar akan data ekonomi AS - ANTARA News](https://feedsoft.ai/events/42581-rupiah-melemah-seiring-penantian-pasar-akan-data-ekonomi-as-antara-news.md) | +0.8% | +3.8% |
| DXY | 2023-04-18 | [Rupiah turun di tengah naiknya imbal hasil obligasi AS - ANTARA News](https://feedsoft.ai/events/36717-rupiah-turun-di-tengah-naiknya-imbal-hasil-obligasi-as-antara-news.md) | -0.1% | -0.1% |
| DXY | 2023-07-28 | [Rupiah melemah usai data ekonomi AS tingkatkan prospek suku bunga - ANTARA News](https://feedsoft.ai/events/35362-rupiah-melemah-usai-data-ekonomi-as-tingkatkan-prospek-suku-bunga-antara-news.md) | +1.3% | +2.0% |
| DXY | 2023-09-27 | [Rupiah melemah diiringi peningkatan index dolar AS dan obligasi AS - ANTARA News](https://feedsoft.ai/events/34426-rupiah-melemah-diiringi-peningkatan-index-dolar-as-dan-obligasi-as-antara-news.md) | +1.1% | +1.1% |

## Sources

- antaranews.com: https://www.antaranews.com/berita/3986808/rupiah-turun-saat-pasar-tunggu-rilis-data-pdb-as-kuartal-iv-2023

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