# IHSG ke Bawah 6.000, Rupiah Rp 14.500/US$, Ini Penyebabnya

> Indonesia's composite stock index fell below 6,000 and the rupiah weakened to 14,500 per dollar on March 31 after margin calls at Archegos Capital raised fears of systemic spillover to Nomura and Credit Suisse. Investors shifted into safe-haven dollars.

- Date: 2021-03-31 · published 2021-03-31T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/48407-ihsg-ke-bawah-6-000-rupiah-rp-14-500-us-ini-penyebabnya
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Risk-off flows strengthen the dollar and weaken the rupiah, raising the local-currency cost of dollar-priced feed imports, though the effect on grain prices is indirect.

## Read by commodity

- DXY: bullish ▲
- USDIDR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-03-30 | [Rupiah Ditutup Melemah, Ini Penyebabnya](https://feedsoft.ai/events/48406-rupiah-ditutup-melemah-ini-penyebabnya.md) | -0.5% | -1.9% |
| DXY | 2021-09-23 | [Rupiah Mandek Di Rp14.242 Per Dolar AS, Ini Faktor Penyebabnya](https://feedsoft.ai/events/45365-rupiah-mandek-di-rp14-242-per-dolar-as-ini-faktor-penyebabnya.md) | +1.0% | -0.0% |
| 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% |
| DXY | 2022-09-26 | [Rupiah Melemah Tembus Rp 15.100 Per Dollar AS, Sri Mulyani Ungkap Penyebabnya](https://feedsoft.ai/events/39906-rupiah-melemah-tembus-rp-15-100-per-dollar-as-sri-mulyani-ungkap-penyebabnya.md) | +0.2% | +0.6% |
| DXY | 2022-10-31 | [Dollar AS Perkasa terhadap Mata Uang Asia Temasuk Rupiah, Ini Penyebabnya](https://feedsoft.ai/events/39435-dollar-as-perkasa-terhadap-mata-uang-asia-temasuk-rupiah-ini-penyebabnya.md) | -0.1% | -2.8% |

## Sources

- cnbcindonesia.com: https://www.cnbcindonesia.com/market/20210331092256-17-234203/ihsg-ke-bawah-6000-rupiah-rp-14500-us--ini-penyebabnya

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