# Analis ungkap penyebab Rupiah tertekan penguatan dolar AS - ANTARA News

> Analyst Lukman Leong said the rupiah was pressured by US dollar strength after Fed Chair Jerome Powell said further rate hikes were not near an end. The rupiah opened 51 points weaker at Rp 14,992 per dollar on June 23.

- Date: 2023-06-23 · published 2023-06-23T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/35806-analis-ungkap-penyebab-rupiah-tertekan-penguatan-dolar-as-antara-news
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A firmer dollar and weaker rupiah raise the cost of imported feed ingredients for Indonesian buyers, with no direct effect on global grain supply.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- antaranews.com: https://www.antaranews.com/berita/3602640/analis-ungkap-penyebab-rupiah-tertekan-penguatan-dolar-as

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