# Indonesia rupiah flat, stocks jump ahead of cenbank rate decision

> Indonesia's rupiah was little changed at about 14,010 per dollar while stocks rose 0.9% ahead of a Bank Indonesia meeting. Rising US Treasury yields had hit a one-year high and dented the currency, lowering expectations for a rate cut.

- Date: 2021-02-18 · published 2021-02-18T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/48954-indonesia-rupiah-flat-stocks-jump-ahead-of-cenbank-rate-decision
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Currency and rate moves in Indonesia affect local feed input costs and import affordability, but they do not directly move global feed commodity prices.

## Sources

- reuters.com: https://www.reuters.com/article/emerging-markets-asia/emerging-markets-indonesia-rupiah-flat-stocks-jump-ahead-of-cenbank-rate-decision-idUKL1N2KO0C4/

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