# USD/IDR Price News: Indonesia rupiah drops back towards $14,500 on BI Governor’s comments — Octa

> USD/IDR rebounded to about 14,480 after a three-day decline, bouncing off its lowest level since June 21. Bank Indonesia Governor Perry Warjiyo said the central bank will shift to a 'pro-stability' stance in 2022 while using other tools to support recovery. The IMF and the Indonesian government both cut 2021 growth forecasts.

- Date: 2021-07-30 · published 2021-07-30T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/46380-usd-idr-price-news-indonesia-rupiah-drops-back-towards-14-500-on-bi-governor-s
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A weaker rupiah and tighter Indonesian liquidity affect the cost of imported feed inputs and Indonesian feed demand, but the effect on global feed commodity prices is small.

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/915593/

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