# Rupiah Terkerek Ekspektasi The Fed Setop Kenaikan Suku Bunga

> The rupiah strengthened against the US dollar on Nov 28 as markets anticipated the Federal Reserve would stop raising rates. US new home sales for October fell 5.6%, below forecasts, and the Dallas Fed manufacturing index also declined. The dollar index eased to about 103.15, and the rupiah closed up 0.38% at Rp 15,436 per dollar.

- Date: 2023-11-28 · published 2023-11-28T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/33490-rupiah-terkerek-ekspektasi-the-fed-setop-kenaikan-suku-bunga
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A firmer rupiah lowers the local-currency cost of dollar-priced feed imports into Indonesia. The gain depends on Fed expectations, so it is a limited, short-term effect on feed ingredient prices.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- investor.id: https://investor.id/market/347271/rupiah-terkerek-ekspektasi-the-fed-setop-kenaikan-suku-bunga

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