# Perkembangan Indikator Stabilitas Nilai Rupiah (1 September 2023)

> Bank Indonesia reported that the rupiah closed at Rp 15,225 per dollar on August 31, 2023, and the DXY fell to 103.62. Non-residents recorded net selling of Rp 2.52 trillion in domestic financial markets during August 28-31.

- Date: 2023-09-01 · published 2023-09-01T12:00:00.000Z
- Category: report · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/34427-perkembangan-indikator-stabilitas-nilai-rupiah-1-september-2023
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer rupiah at that time lowered the local cost of imported feed ingredients, while foreign outflows signal currency pressure that could reverse that benefit.

## Read by commodity

- DXY: neutral
- USDIDR: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-10-14 | [September U.S. producer prices rose 0.4%, more than expected](https://feedsoft.ai/events/50813-september-u-s-producer-prices-rose-0-4-more-than-expected.md) | -0.6% | -1.6% |
| DXY | 2021-11-22 | [The Fed - Foreign Exchange Rates - H.10 -  November 22, 2021](https://feedsoft.ai/events/44253-the-fed-foreign-exchange-rates-h-10-november-22-2021.md) | +1.2% | +0.7% |
| DXY | 2024-01-05 | [Canada's jobs growth stalls in December as wages accelerate \| Reuters](https://feedsoft.ai/events/32339-canada-s-jobs-growth-stalls-in-december-as-wages-accelerate-reuters.md) | +0.2% | +1.1% |
| DXY | 2019-12-16 | [The Fed - Foreign Exchange Rates - H.10 -
         December 16, 2019](https://feedsoft.ai/events/55753-the-fed-foreign-exchange-rates-h-10-december-16-2019.md) | +0.1% | -0.6% |
| DXY | 2024-09-24 | [Rupiah Rises Following Weak US PMI Report and Fed Speculation](https://feedsoft.ai/events/28626-rupiah-rises-following-weak-us-pmi-report-and-fed-speculation.md) | -0.1% | +2.5% |

## Sources

- bi.go.id: https://www.bi.go.id/id/publikasi/ruang-media/news-release/Pages/sp_2524223.aspx

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