# Indonesia c.bank sees rupiah heading toward 15,000/dlr by year-end | Reuters

> Indonesia's central bank governor Perry Warjiyo said he expects the rupiah to move toward 15,000 per dollar by year-end. He called the current level adequate but said the currency was undervalued, with the rupiah trading near 16,540 at the time.

- Date: 2020-04-02 · published 2020-04-02T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/53940-indonesia-c-bank-sees-rupiah-heading-toward-15-000-dlr-by-year-end-reuters
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

An expected rupiah recovery would reduce the cost of dollar-priced feed imports for Indonesian buyers. The forecast is a policy signal rather than a new shock, so its price impact is modest.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/business/healthcare-pharmaceuticals/indonesia-cbank-sees-rupiah-heading-toward-15000dlr-by-year-end-idUSL4N2BQ0XY/

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