# USD/IDR: Seasonal factors to weigh on rupiah – MUFG — Octa

> Bank Indonesia's MUFG-based analysis says the rupiah rebounded in April 2021 after three months of losses, but the rebound is likely temporary. Seasonal dividend repatriation to foreign shareholders typically widens the primary income deficit in Q2 and Q3, which pressures the rupiah.

- Date: 2021-05-05 · published 2021-05-05T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/47407-usd-idr-seasonal-factors-to-weigh-on-rupiah-mufg-octa
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Seasonal dividend outflows are expected to push USD/IDR higher in the coming months, raising the rupiah cost of dollar-priced feed ingredients. The impact is modest and mainly affects import costs.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/898945/

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