# Atas Nama Stabilitas Rupiah, BI Diramal Masih Tahan Bunga Acuan - Market - Page 2

> Analysts expect Bank Indonesia to hold its benchmark rate to protect the rupiah, which has weakened 1.67% so far this year. Markets are pricing a high chance that the US Federal Reserve will keep rates steady at its next meeting, strengthening the dollar against Asian currencies.

- Date: 2024-02-20 · published 2024-02-20T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/31988-atas-nama-stabilitas-rupiah-bi-diramal-masih-tahan-bunga-acuan-market-page-2
- 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 firm dollar and a Bank Indonesia hold keep import costs high for feed ingredients priced in dollars, and the currency weakness tightens feed margins in Indonesia.

## Read by commodity

- DXY: bullish ▲
- USDIDR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-10-31 | [BI Beberkan Arah Rupiah Pasca-Rilis Data Ekonomi AS - Market](https://feedsoft.ai/events/28171-bi-beberkan-arah-rupiah-pasca-rilis-data-ekonomi-as-market.md) | +0.7% | +1.4% |
| DXY | 2026-01-29 | [Rupiah melemah karena ekspektasi suku bunga AS bertahan lebih lama - ANTARA News](https://feedsoft.ai/events/21363-rupiah-melemah-karena-ekspektasi-suku-bunga-as-bertahan-lebih-lama-antara-news.md) | +0.6% | +0.3% |
| DXY | 2022-11-02 | [Detik-Detik Suku Bunga di AS Naik 75 Bps, Rupiah Terkapar?](https://feedsoft.ai/events/38989-detik-detik-suku-bunga-di-as-naik-75-bps-rupiah-terkapar.md) | -1.4% | -4.2% |
| DXY | 2023-10-26 | [Rupiah Kembali Tertekan, Keputusan BI Naikkan Suku Bunga Dinilai Tepat](https://feedsoft.ai/events/33956-rupiah-kembali-tertekan-keputusan-bi-naikkan-suku-bunga-dinilai-tepat.md) | +0.0% | -2.9% |
| DXY | 2026-06-30 | [Rupiah Diproyeksi Masih Akan Tertekan pada Rabu (1/7/2026), Dipicu Penguatan Dolar AS](https://feedsoft.ai/events/19110-rupiah-diproyeksi-masih-akan-tertekan-pada-rabu-1-7-2026-dipicu-penguatan-dolar.md) | -0.1% | -0.3% |

## Sources

- bloombergtechnoz.com: https://www.bloombergtechnoz.com/detail-news/30239/atas-nama-stabilitas-rupiah-bi-diramal-masih-tahan-bunga-acuan/2

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