# Rupiah Is Predicted To Be Weakened On Thursday, Pressured By The Fed's Minutes

> The rupiah was forecast to weaken on May 20, 2021, after minutes from the Federal Reserve's meeting pointed to possible discussions on tightening as the US economy recovers. It fell 0.56% to 14,315 per dollar in early trade, while the US 10-year yield rose to about 1.69%.

- Date: 2021-05-20 · published 2021-05-20T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/47406-rupiah-is-predicted-to-be-weakened-on-thursday-pressured-by-the-fed-s-minutes
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Higher US yields and tapering expectations tend to strengthen the dollar against emerging-market currencies. A weaker rupiah raises the cost of dollar-priced feed imports for Indonesian buyers.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- voi.id: https://voi.id/en/economy/52774

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