# Bangkok Post - Indonesia central bank governor says rupiah has room to appreciate

> Bank Indonesia Governor Perry Warjiyo said the rupiah has room to appreciate further after it held steady following the Federal Reserve's rate cut. He cited low inflation and good economic prospects, and said the Fed cut had been priced in by markets, while the currency traded near 14,050 per dollar.

- Date: 2019-11-01 · published 2019-11-01T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/56393-bangkok-post-indonesia-central-bank-governor-says-rupiah-has-room-to-appreciate
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Official comments signaling rupiah strength would lower the local cost of dollar-priced feed ingredients for Indonesian buyers, though the currency has been stable near 14,000.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/1784984/indonesia-central-bank-governor-says-rupiah-has-room-to-appreciate

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