# USD/IDR Price News: Bank Indonesia intervenes again to support the rupiah - Forex Crunch

> Bank Indonesia reportedly intervened in foreign exchange markets on September 9 to curb volatility in the rupiah. The central bank official confirmed the operation on September 10.

- Date: 2020-09-10 · published 2020-09-10T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/51422-usd-idr-price-news-bank-indonesia-intervenes-again-to-support-the-rupiah-forex
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Central bank intervention to support the rupiah tends to limit its depreciation, which eases import cost pressure on Indonesian feed buyers. The effect on grain and oilseed prices is minor.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- forexcrunch.com: https://www.forexcrunch.com/blog/2020/09/10/usd-idr-price-news-bank-indonesia-intervenes-again-to-support-the-rupiah/

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