# Indonesia cbank surprises with hefty RRR hikes to steady rupiah before Fed | Reuters

> Bank Indonesia unexpectedly announced three reserve requirement ratio hikes, starting with 150 basis points in March and 100 basis points from June. The move aims to steady the rupiah ahead of expected US Federal Reserve tightening.

- Date: 2022-01-20 · published 2022-01-20T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/43445-indonesia-cbank-surprises-with-hefty-rrr-hikes-to-steady-rupiah-before-fed
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Tighter rupiah liquidity and a firmer currency can reduce import costs for Indonesian feed buyers, but the tightening signals concern about capital outflows. The effect on feed commodity prices is indirect and modest.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/markets/rates-bonds/indonesias-cbank-surprises-with-hefty-rrr-hikes-eyes-fed-2022-01-20/

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