# Rupiah weakens as Russia, Ukraine tensions keep investors wary - ANTARA News

> The Indonesian rupiah closed virtually flat at Rp14,327 per US dollar on February 18, 2022. Investors moved to safe assets amid escalating Russia-Ukraine border tensions following Ukrainian shelling of separatist areas, and rising COVID-19 cases weighed on sentiment.

- Date: 2022-02-18 · published 2022-02-18T12:00:00.000Z
- Category: geopolitics · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/42996-rupiah-weakens-as-russia-ukraine-tensions-keep-investors-wary-antara-news
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A weaker rupiah raises the local-currency cost of imported feed ingredients such as soybean meal and corn, adding modest upward pressure on Indonesian feed costs.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- en.antaranews.com: https://en.antaranews.com/news/216069/rupiah-weakens-as-russia-ukraine-tensions-keep-investors-wary

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