# Indonesia Investments' Subscriber Update - Rupiah Performance | Indonesia Investments

> The rupiah appreciated 3.4 percent against the US dollar in the first two trading weeks of November 2020, based on Bank Indonesia's Jisdor rate. The gain followed improved risk appetite in emerging markets tied to US developments, with the currency moving from about 14,625 at end-October to 14,170 by November 13.

- Date: 2020-11-15 · published 2020-11-15T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/50452-indonesia-investments-subscriber-update-rupiah-performance-indonesia-investments
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A stronger rupiah lowers the local-currency cost of dollar-priced feed imports for Indonesian buyers, though the effect on global grain and oilseed prices is minimal.

## Sources

- indonesia-investments.com: https://www.indonesia-investments.com/news/todays-headlines/indonesia-investments-subscriber-update-rupiah-performance/item9347

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