# Rupiah rises ahead of BI meeting as Asian currencies climb | Financial Post

> The rupiah rose 0.2% to 14,080 per dollar ahead of a Bank Indonesia meeting, as Asian currencies gained after weak US manufacturing data. Analysts noted Indonesia's policy credibility and substitution of Australian coal for Indonesian coal by China.

- Date: 2021-10-19 · published 2021-10-19T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/44858-rupiah-rises-ahead-of-bi-meeting-as-asian-currencies-climb-financial-post
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Currency moves of this size have little direct effect on feed commodity prices, though a firmer rupiah modestly lowers local import costs.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/rupiah-rises-ahead-of-bi-meeting-as-asian-currencies-climb

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