# Bank Indonesia governor on outlook for rupiah, foreign investment flows

> Bank Indonesia Governor Perry Warjiyo told CNBC at Davos that the rupiah is fundamentally undervalued and could strengthen further. He estimated foreign portfolio inflows of about $19.6 billion into Indonesian financial markets this year. The rupiah has been roughly flat against the dollar so far in 2021 after losing 1.1% in 2020.

- Date: 2021-01-26 · published 2021-01-26T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/49446-bank-indonesia-governor-on-outlook-for-rupiah-foreign-investment-flows
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Expected foreign inflows and a firmer rupiah would lower the local-currency cost of dollar-priced feed ingredients for Indonesian buyers. The effect on global feed commodity prices is limited.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- cnbc.com: https://www.cnbc.com/2021/01/26/bank-indonesia-governor-on-outlook-for-rupiah-foreign-investment-flows.html

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