# USD/IDR: Rupiah to come under some pressure as BI opts not to join the rate hike camp – ING: Analytics and Market news from 24 травня 2022 08:19

> Bank Indonesia kept its policy rate unchanged at 3.5% on May 24, 2022, signalling no near-term rate hike and prioritising economic recovery. ING expects the rupiah to face some pressure as the central bank declines to join the regional rate-hike camp.

- Date: 2022-05-24 · published 2022-05-24T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/41712-usd-idr-rupiah-to-come-under-some-pressure-as-bi-opts-not-to-join-the-rate-hike
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A dovish central bank stance is likely to weigh on the rupiah, raising the local cost of dollar-priced feed imports.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- teletrade.org: https://www.teletrade.org/uk/analytics/market-analysis/market-news/3758223

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