# Investors are nervous as Indonesia considers letting ministers vote on monetary policy

> Indonesia's parliament is deliberating a proposal that would give government ministers voting rights at monetary policy meetings and widen Bank Indonesia's mandate to include growth and employment. The rupiah weakened after the recommendations were presented on September 1.

- Date: 2020-09-02 · published 2020-09-02T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/51424-investors-are-nervous-as-indonesia-considers-letting-ministers-vote-on-monetary
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Analysts expect the proposal to weaken investor confidence and put pressure on the rupiah if it becomes law, raising Indonesian import costs for feed. The direct effect on global feed prices is small.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- cnbc.com: https://www.cnbc.com/2020/09/02/investing-in-indonesia-as-it-considers-bringing-central-bank-government-closer.html

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