# BI: Rupiah Melemah akibat Investor Asing Beralih dari Emerging Market ke Safe Haven

> On February 26, 2020, Bank Indonesia said all Asian currencies, including the rupiah, were weakening as foreign investors moved from emerging markets into safe havens. The US 10-year Treasury yield fell to an all-time low of 1.30%, and foreign investors sold about Rp3 trillion of government bonds that day. Bank Indonesia said it would buy government bonds to prevent a large sell-off.

- Date: 2020-02-26 · published 2020-02-26T12:00:00.000Z
- Category: macro · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/54909-bi-rupiah-melemah-akibat-investor-asing-beralih-dari-emerging-market-ke-safe
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Capital outflows from emerging markets push up the dollar cost of imported feed ingredients for Indonesia. Bond purchases by the central bank are intended to stabilise the currency and may limit the depreciation.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- money.kompas.com: https://money.kompas.com/read/2020/02/26/121404526/bi-rupiah-melemah-akibat-investor-asing-beralih-dari-emerging-market-ke-safe

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