# The Fed Hawkish, Rupiah Masih Akan Melemah?

> A BCA chief economist said the rupiah's year-to-date depreciation has been smaller than that of other emerging-market currencies, the yen and the euro. Foreign investors are withdrawing from government bond markets, and commodity exports are expected to support the currency.

- Date: 2022-07-30 · published 2022-07-30T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/40798-the-fed-hawkish-rupiah-masih-akan-melemah
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Commodity export receipts supporting the rupiah help sustain Indonesian palm oil and other export flows, but continued bond outflows could tighten financial conditions.

## Read by commodity

- USDIDR: neutral

## Sources

- cnbcindonesia.com: https://www.cnbcindonesia.com/market/20220728103749-19-359240/the-fed-hawkish-rupiah-masih-akan-melemah

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