# Rupiah Berhasil Bertahan Setelah Terperosok ke Rp15.103/US$ - Market

> The rupiah fell to a three-week low of Rp15,103 per dollar before recovering to close at Rp15,080. The move followed the Bank of Japan's surprise loosening of its yield curve control, which lifted the dollar. Analysts also cited corporate dividend payments and lower commodity prices weighing on Indonesian exports.

- Date: 2023-07-31 · published 2023-07-31T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/35360-rupiah-berhasil-bertahan-setelah-terperosok-ke-rp15-103-us-market
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A weaker rupiah makes dollar-priced feed imports more expensive for Indonesian buyers. Falling commodity prices that cut export earnings add to the pressure on the currency.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- bloombergtechnoz.com: https://www.bloombergtechnoz.com/detail-news/11416/rupiah-berhasil-bertahan-setelah-terperosok-ke-rp15-103-us

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