# The Rupiah Weakened, but Not as Severely as Other Currencies

> The rupiah weakened to around 14,800 per dollar in mid-June 2022 from about 14,500 the previous month. An LPEM FEB UI economist said the currency was relatively stable, down 4.1% year to date, less than the ringgit, peso and baht, and that reserves of US$135.6 billion support it.

- Date: 2022-06-23 · published 2022-06-23T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/41278-the-rupiah-weakened-but-not-as-severely-as-other-currencies
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Relative stability of the rupiah keeps Indonesian import costs for feed ingredients from rising sharply, though continued dollar strength still adds cost pressure.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- databoks.katadata.co.id: https://databoks.katadata.co.id/en/market/statistics/42332ade06285a3/the-rupiah-weakened-but-not-as-severely-as-other-currencies

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