# Bukan Taper Tantrum, Ini yang Bisa Bikin Rupiah Lesu

> The rupiah fell three straight sessions against the dollar as the dollar index jumped nearly 1% to 91.395 after the Fed signaled rate hikes in 2023 and raised its inflation projection to 3.4%. Analysts flagged that faster rate hikes could bring earlier tapering, echoing the 2013 taper tantrum. The rupiah was expected to weaken further.

- Date: 2021-06-17 · published 2021-06-17T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/46900-bukan-taper-tantrum-ini-yang-bisa-bikin-rupiah-lesu
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Faster Fed tightening expectations lift the dollar and raise Indonesian import costs for feed, while signaling possible EM capital outflows.

## Read by commodity

- DXY: bullish ▲
- USDIDR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-03-19 | [Rupiah Tertekan Kenaikan Yield US Treasury, BI Lakukan Ini](https://feedsoft.ai/events/48410-rupiah-tertekan-kenaikan-yield-us-treasury-bi-lakukan-ini.md) | +1.1% | -0.1% |
| DXY | 2021-09-30 | [Bayang-bayang Tapering Buat Rupiah Rontok ke Rp14.312](https://feedsoft.ai/events/45361-bayang-bayang-tapering-buat-rupiah-rontok-ke-rp14-312.md) | +0.0% | -1.1% |
| DXY | 2018-07-20 | [BI: Kritik Trump terhadap The Fed Lemahkan Rupiah](https://feedsoft.ai/events/64368-bi-kritik-trump-terhadap-the-fed-lemahkan-rupiah.md) | -0.9% | +0.6% |
| DXY | 2016-11-25 | [BI: pelemahan rupiah bukan karena isu demonstrasi - ANTARA News](https://feedsoft.ai/events/74152-bi-pelemahan-rupiah-bukan-karena-isu-demonstrasi-antara-news.md) | -0.3% | +0.7% |
| DXY | 2021-11-30 | [Omicron Bikin The Fed Puyeng, Rupiah Curi Peluang Menguat!](https://feedsoft.ai/events/44352-omicron-bikin-the-fed-puyeng-rupiah-curi-peluang-menguat.md) | -0.4% | -1.0% |

## Sources

- cnbcindonesia.com: https://www.cnbcindonesia.com/market/20210617065038-17-253747/bukan-taper-tantrum-ini-yang-bisa-bikin-rupiah-lesu

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