# Masih Undervalued, BI Yakin Rupiah akan Terus Menguat Menuju Fundamentalnya

> Bank Indonesia Governor Perry Warjiyo said the rupiah remains undervalued and is expected to keep strengthening toward its fundamentals, citing lower inflation, a smaller current account deficit and rising foreign capital inflows. The rupiah traded between 14,740 and 14,750 per dollar that day. He also noted that the currency does not yet reflect its pre-pandemic fundamental value.

- Date: 2020-05-28 · published 2020-05-28T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/53435-masih-undervalued-bi-yakin-rupiah-akan-terus-menguat-menuju-fundamentalnya
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Expected rupiah strength would lower the cost of dollar-priced feed imports for Indonesian buyers. The statement is a central bank outlook, and its impact on global feed prices is minimal.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- investor.id: https://investor.id/business/212959/masih-undervalued-bi-yakin-rupiah-akan-terus-menguat-menuju-fundamentalnya

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