# Nyaris Rp 16.000, Dolar AS Dekati Level saat Krismon 1998

> The US dollar traded at about 15,837 rupiah on Thursday, its highest level in at least 20 years and close to the 1998 crisis peak. The rupiah ranged between 15,235 and 15,899 per dollar during the session. Analysts noted the rupiah is among the worst-performing Asian currencies this year.

- Date: 2020-03-19 · published 2020-03-19T12:00:00.000Z
- Category: macro · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/54441-nyaris-rp-16-000-dolar-as-dekati-level-saat-krismon-1998
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A near-record dollar against the rupiah increases the cost of imported feed and feed ingredients for Indonesian producers. Continued pressure could push millers to reprice feed or cut purchases.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- finance.detik.com: https://finance.detik.com/bursa-dan-valas/d-4945781/nyaris-rp-16-000-dolar-as-dekati-level-saat-krismon-1998

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