# Rupiah Melemah akibat Kebijakan The Fed, Sri Mulyani: Masih Lebih Baik dari Negara Lain

> Finance Minister Sri Mulyani said the rupiah's depreciation of about 3.8% was milder than peers such as the Philippine peso (6.4%) and Indian rupee (5%). She warned that the Fed would keep tightening in coming months after its 75 basis point hike in June.

- Date: 2022-06-23 · published 2022-06-23T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/41274-rupiah-melemah-akibat-kebijakan-the-fed-sri-mulyani-masih-lebih-baik-dari
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Continued Fed tightening and capital outflows point to further rupiah weakness, which raises the local cost of imported feed ingredients and dollar-priced commodities.

## Read by commodity

- DXY: bullish ▲
- USDIDR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-01-04 | [Rupiah melemah dipicu antisipasi kenaikan suku bunga The Fed - ANTARA News](https://feedsoft.ai/events/43450-rupiah-melemah-dipicu-antisipasi-kenaikan-suku-bunga-the-fed-antara-news.md) | -0.2% | -0.0% |
| DXY | 2022-11-04 | [Rupiah akhir pekan ditutup melemah, masih tertekan pernyataan The Fed - ANTARA News](https://feedsoft.ai/events/38988-rupiah-akhir-pekan-ditutup-melemah-masih-tertekan-pernyataan-the-fed-antara-news.md) | -2.7% | -4.3% |
| DXY | 2022-03-23 | [Rupiah Menguat Dibayangi Proyeksi Kebijakan Agresif The Fed](https://feedsoft.ai/events/42585-rupiah-menguat-dibayangi-proyeksi-kebijakan-agresif-the-fed.md) | -0.4% | +0.9% |
| DXY | 2022-06-30 | [Rupiah terus melemah, tertekan pernyataan "hawkish" pejabat The Fed - ANTARA News](https://feedsoft.ai/events/41271-rupiah-terus-melemah-tertekan-pernyataan-hawkish-pejabat-the-fed-antara-news.md) | +1.5% | +1.0% |
| DXY | 2021-10-25 | [Rupiah ditutup melemah dipicu pernyataan The Fed soal tapering - ANTARA News](https://feedsoft.ai/events/44856-rupiah-ditutup-melemah-dipicu-pernyataan-the-fed-soal-tapering-antara-news.md) | +0.4% | +1.7% |

## Sources

- money.kompas.com: https://money.kompas.com/read/2022/06/23/213100826/rupiah-melemah-akibat-kebijakan-the-fed-sri-mulyani--masih-lebih-baik-dari

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