# USD/IDR Price News: Rupiah retreats towards $15,650 on softer Indonesia Inflation: Analytics and Market news from 1 December 2022 04:48

> The rupiah pulled back toward 15,650 after Indonesian inflation in November came in below forecasts at 5.42% year on year. Core inflation also eased but remained above Bank Indonesia's target range.

- Date: 2022-12-01 · published 2022-12-01T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/38525-usd-idr-price-news-rupiah-retreats-towards-15-650-on-softer-indonesia-inflation
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Softer inflation supports the rupiah and lowers pressure for further Indonesian rate hikes, with minimal direct effect on feed commodity prices.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- teletrade.org: https://www.teletrade.org/analytics/market-analysis/market-news/3816710

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