# Weakening dollar seen to push investors to RI despite election uncertainty - Markets - The Jakarta Post

> Analysts at Manulife Asset Management expect a weaker US dollar later in 2023 to draw foreign investment into emerging markets including Indonesia. They also expect Indonesian inflation to cool as food prices stabilize and the fuel subsidy cut is absorbed, reducing pressure on Bank Indonesia to hike rates.

- Date: 2023-01-18 · published 2023-01-18T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/38102-weakening-dollar-seen-to-push-investors-to-ri-despite-election-uncertainty
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A weaker dollar would generally support emerging-market currencies and lower dollar-denominated input costs for Indonesian importers, while easing food inflation would reduce pressure on the rupiah and rates.

## Read by commodity

- DXY: bearish ▼
- USDIDR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-05-05 | [Dollar weakens against major currencies as markets weigh tariff uncertainty](https://feedsoft.ai/events/9622-dollar-weakens-against-major-currencies-as-markets-weigh-tariff-uncertainty.md) | +0.0% | -1.1% |
| DXY | 2025-06-30 | [Closing at Night Dollar-Won Ends at 1,355 Won Range… Burdened by Trade Uncertainty Despite Interest Rate Cut Expectations < Market < ArticleView - Blockmedia](https://feedsoft.ai/events/24446-closing-at-night-dollar-won-ends-at-1-355-won-range-burdened-by-trade.md) | -0.0% | +0.8% |
| DXY | 2022-11-12 | [Why investors don't expect the dollar selloff to last beyond current rout \| The National](https://feedsoft.ai/events/7562-why-investors-don-t-expect-the-dollar-selloff-to-last-beyond-current-rout-the.md) | -0.7% | -1.6% |
| DXY | 2025-03-26 | [Why do we expect further weakening of the US dollar? - AP Institutional \| Invesco](https://feedsoft.ai/events/25776-why-do-we-expect-further-weakening-of-the-us-dollar-ap-institutional-invesco.md) | +0.3% | -2.9% |
| DXY | 2024-11-28 | [Euro jump, rising yen put brakes on the dollar - Markets - Business Recorder](https://feedsoft.ai/events/27641-euro-jump-rising-yen-put-brakes-on-the-dollar-markets-business-recorder.md) | -0.3% | +1.3% |

## Sources

- thejakartapost.com: https://www.thejakartapost.com/business/2023/01/18/weakening-dollar-seen-to-push-investors-to-ri-despite-election-uncertainty

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