# Bank Indonesia Wants to ‘Control’ Rupiah in Tougher Stance

> Bank Indonesia hardened its language on currency intervention, pledging to 'control' the rupiah as the dollar is expected to stay strong. Governor Perry Warjiyo said the central bank wants to prevent a stronger dollar from pushing up imported inflation amid high global energy and food prices.

- Date: 2022-10-20 · published 2022-10-20T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/39432-bank-indonesia-wants-to-control-rupiah-in-tougher-stance
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Active central bank defense of the rupiah signals sustained dollar strength against Indonesian buyers, keeping imported feed ingredient costs elevated.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2022-10-20/bank-indonesia-wants-to-control-rupiah-in-tougher-stance

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