# Goldman Sachs sees a 'pretty attractive play' for Indonesian rupiah

> Goldman Sachs strategist Zach Pandl said the Indonesian rupiah is an attractive investment for 2020 given high yields and stable growth. He pointed to improving US-China trade relations as a reason to move into emerging-market currencies.

- Date: 2019-12-11 · published 2019-12-11T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/55861-goldman-sachs-sees-a-pretty-attractive-play-for-indonesian-rupiah
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Foreign inflows into Indonesian assets tend to support the rupiah, which can lower the local cost of dollar-priced feed ingredient imports over time.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- cnbc.com: https://www.cnbc.com/2019/12/11/goldman-sachs-sees-a-pretty-attractive-play-for-indonesian-rupiah.html

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