# Rupiah strengthens following released January inflation data - ANTARA News

> The rupiah opened 37 points stronger at Rp14,331 per US dollar on February 2, 2022, ahead of the release of January inflation data. Analysts expected inflation to rise sharply on higher food prices, and COVID-19 cases were climbing.

- Date: 2022-02-02 · published 2022-02-02T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/42999-rupiah-strengthens-following-released-january-inflation-data-antara-news
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Expected food-driven inflation and a firmer rupiah are small factors for Indonesian feed input costs, with little direct commodity price effect.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- en.antaranews.com: https://en.antaranews.com/news/212889/rupiah-strengthens-following-released-january-inflation-data

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