# Pejabat Elite The Fed Nyablak, Awas Rupiah Pepet Rp14.500/US$

> On August 27, 2021, the rupiah weakened for a second day ahead of the Jackson Hole symposium, as the dollar index rose and Fed officials pushed for an early end to asset purchases. St. Louis Fed President James Bullard said the bank might not need to keep buying assets and suggested ending the programme early next year.

- Date: 2021-08-27 · published 2021-08-27T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/45866-pejabat-elite-the-fed-nyablak-awas-rupiah-pepet-rp14-500-us
- 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 tapering strengthen the dollar and pressure emerging-market currencies, raising the local cost of dollar-priced feed imports for Indonesian buyers. The effect on global feed supply is limited.

## Read by commodity

- DXY: bullish ▲
- USDIDR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-06-30 | [Rupiah terus melemah, tertekan pernyataan "hawkish" pejabat The Fed - ANTARA News](https://feedsoft.ai/events/41271-rupiah-terus-melemah-tertekan-pernyataan-hawkish-pejabat-the-fed-antara-news.md) | +1.5% | +1.0% |
| DXY | 2021-03-31 | [IHSG ke Bawah 6.000, Rupiah Rp 14.500/US$, Ini Penyebabnya](https://feedsoft.ai/events/48407-ihsg-ke-bawah-6-000-rupiah-rp-14-500-us-ini-penyebabnya.md) | -0.9% | -2.0% |
| DXY | 2017-10-31 | [Rupiah Sempat KO ke Rp13.600 USD, BI: Gara-Gara The Fed    : Okezone Economy](https://feedsoft.ai/events/68760-rupiah-sempat-ko-ke-rp13-600-usd-bi-gara-gara-the-fed-okezone-economy.md) | -0.2% | -1.4% |
| DXY | 2024-05-29 | [USD/IDR Melanjutkan Penguatan, Tekan Rupiah di 16.170, Pantau Pidato Pejabat The Fed dan Beige Book AS — Octa](https://feedsoft.ai/events/30583-usd-idr-melanjutkan-penguatan-tekan-rupiah-di-16-170-pantau-pidato-pejabat-the.md) | +1.1% | +2.3% |
| DXY | 2022-09-29 | [Cash Is The King Bakal Bawa Rupiah ke Rp 15.400/US$?](https://feedsoft.ai/events/39903-cash-is-the-king-bakal-bawa-rupiah-ke-rp-15-400-us.md) | -1.0% | -1.1% |

## Sources

- cnbcindonesia.com: https://www.cnbcindonesia.com/market/20210827073448-17-271621/pejabat-elite-the-fed-nyablak-awas-rupiah-pepet-rp14500-us-

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