# BI: Rupiah Tetap Kuat

> Bank Indonesia said the rupiah remains firm despite volatility and has strengthened 0.9% point to point in September versus August. The central bank cited steady foreign capital inflows and high returns on domestic financial assets, with the rupiah up 2.3% year to date as of September 18.

- Date: 2019-09-27 · published 2019-09-27T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/57391-bi-rupiah-tetap-kuat
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A stable-to-stronger rupiah lowers the local currency cost of imported feed ingredients, which is mildly favourable for Indonesian feed buyers.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- money.kompas.com: https://money.kompas.com/read/2019/09/27/194100426/bi--rupiah-tetap-kuat

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