# USD/IDR: Dovish BI stance will not be helpful for the Rupiah – TDS — Octa

> TD Securities expects Bank Indonesia to extend its policy pause after headline inflation eased into the central bank's 2-4% target range. Analysts note USD/IDR is approaching the psychological 15,000 level, and a dovish stance would not help the rupiah.

- Date: 2023-06-20 · published 2023-06-20T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/35808-usd-idr-dovish-bi-stance-will-not-be-helpful-for-the-rupiah-tds-octa
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A weaker rupiah on dovish policy would raise the local cost of imported feed ingredients for Indonesian buyers, though the impact on global prices is minimal.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/1048368/

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