# Dihantam Dolar AS, Rupiah Melemah Dekati Rp15.500

> The rupiah closed at Rp 15,437 per US dollar on March 8, weakening as the dollar index rose to a three-month high. The move followed Fed Chair Powell's congressional testimony signalling larger rate hikes than markets expected.

- Date: 2023-03-08 · published 2023-03-08T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/37201-dihantam-dolar-as-rupiah-melemah-dekati-rp15-500
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of tighter US policy strengthen the dollar against emerging-market currencies, raising the rupiah cost of imported feed inputs. The effect on Indonesian feed buyers is a modest upward cost pressure.

## Read by commodity

- DXY: bullish ▲
- USDIDR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-11-23 | [Ini Alasan Rupiah Hanya Melemah Tipis Saat Dolar AS Ngamuk](https://feedsoft.ai/events/44353-ini-alasan-rupiah-hanya-melemah-tipis-saat-dolar-as-ngamuk.md) | +0.5% | +0.4% |
| DXY | 2023-09-27 | [Rupiah melemah diiringi peningkatan index dolar AS dan obligasi AS - ANTARA News](https://feedsoft.ai/events/34426-rupiah-melemah-diiringi-peningkatan-index-dolar-as-dan-obligasi-as-antara-news.md) | +1.1% | +1.1% |
| DXY | 2018-05-28 | [Rupiah Melemah 4% Lawan Dolar AS, Perry Warjiyo: Ada 3 Faktor](https://feedsoft.ai/events/65323-rupiah-melemah-4-lawan-dolar-as-perry-warjiyo-ada-3-faktor.md) | +0.2% | +1.5% |
| DXY | 2023-06-15 | [Rupiah Melemah Terhadap Dolar Pasca Rapat FOMC](https://feedsoft.ai/events/35810-rupiah-melemah-terhadap-dolar-pasca-rapat-fomc.md) | -0.0% | -1.5% |
| DXY | 2024-01-31 | [Rupiah Jisdor Melemah ke Rp 15.803 per Dolar AS, Tengok Proyeksi Kamis (1/2)](https://feedsoft.ai/events/32443-rupiah-jisdor-melemah-ke-rp-15-803-per-dolar-as-tengok-proyeksi-kamis-1-2.md) | +0.3% | +0.4% |

## Sources

- market.bisnis.com: https://market.bisnis.com/read/20230308/93/1635253/dihantam-dolar-as-rupiah-melemah-dekati-rp15500

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