# Ini Alasan Rupiah Hanya Melemah Tipis Saat Dolar AS Ngamuk

> The rupiah slipped only slightly against the dollar on November 23 as the dollar rallied after Jerome Powell was reappointed as Fed chair. Markets priced in an earlier-than-expected Fed rate hike. Non-deliverable forward rates showed a steeper path of rupiah weakness out to two years.

- Date: 2021-11-23 · published 2021-11-23T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/44353-ini-alasan-rupiah-hanya-melemah-tipis-saat-dolar-as-ngamuk
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of earlier Fed tightening strengthen the dollar and tighten financing conditions for emerging markets, which tends to weigh on commodity prices and raise import costs for feed buyers in Indonesia.

## Read by commodity

- DXY: bullish ▲
- USDIDR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-03-08 | [Dihantam Dolar AS, Rupiah Melemah Dekati Rp15.500](https://feedsoft.ai/events/37201-dihantam-dolar-as-rupiah-melemah-dekati-rp15-500.md) | -0.4% | -1.9% |
| DXY | 2023-10-31 | [Sri Mulyani Jelaskan Alasan Rupiah Terus Tertekan Dollar AS](https://feedsoft.ai/events/33955-sri-mulyani-jelaskan-alasan-rupiah-terus-tertekan-dollar-as.md) | -1.4% | -2.9% |
| DXY | 2025-08-29 | [Rupiah Hari Ini, Jumat (29/8) Ditutup Melemah ke Rp16.499 per Dolar AS di Tengah Demo Jakarta](https://feedsoft.ai/events/23618-rupiah-hari-ini-jumat-29-8-ditutup-melemah-ke-rp16-499-per-dolar-as-di-tengah.md) | -0.1% | +0.1% |
| DXY | 2021-03-30 | [Rupiah Ditutup Melemah, Ini Penyebabnya](https://feedsoft.ai/events/48406-rupiah-ditutup-melemah-ini-penyebabnya.md) | -0.5% | -1.9% |
| DXY | 2023-06-15 | [Rupiah Melemah Terhadap Dolar Pasca Rapat FOMC](https://feedsoft.ai/events/35810-rupiah-melemah-terhadap-dolar-pasca-rapat-fomc.md) | -0.0% | -1.5% |

## Sources

- cnbcindonesia.com: https://www.cnbcindonesia.com/market/20211123122952-17-293685/ini-alasan-rupiah-hanya-melemah-tipis-saat-dolar-as-ngamuk

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