# USD/IDR: Rupiah vulnerable to swings in global risk sentiment until hawkish shift by BI emerges – ANZ — Octa

> Bank Indonesia held its policy rate at 3.50% and maintained a dovish tone despite rupiah weakness. ANZ economists said the rupiah will stay vulnerable to global risk sentiment until BI shows a hawkish shift.

- Date: 2022-06-27 · published 2022-06-27T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/41272-usd-idr-rupiah-vulnerable-to-swings-in-global-risk-sentiment-until-hawkish
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A dovish central bank while the Fed tightens keeps pressure on the rupiah, raising the local cost of dollar-priced feed ingredients such as soymeal and corn imports.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/979808/

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