# Indonesian Rupiah Exchange Rate Stabilized in June 2020; Central Bank Cuts Key Rate Again | Indonesia Investments

> Indonesia's rupiah stabilized in June 2020 after falling to a two-decade low in March and April, appreciating 3.16% against the dollar over the month to 14,302 per dollar on the Bank Indonesia JISDOR rate. Bank Indonesia also cut its key rate again.

- Date: 2020-07-30 · published 2020-07-30T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/52418-indonesian-rupiah-exchange-rate-stabilized-in-june-2020-central-bank-cuts-key
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

The rupiah's recovery lowers the local cost of imported feed inputs, though the article is a retrospective summary with little effect on global feed prices.

## Read by commodity

- USDIDR: neutral

## Sources

- indonesia-investments.com: https://www.indonesia-investments.com/finance/financial-columns/indonesian-rupiah-rate-stabilized-in-june-2020-central-bank-cuts-key-rate-again/item9303

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