# Jokowi Presiden Lagi, Rupiah Menguat Lagi?

> The rupiah was expected to strengthen in spot trade on June 28, 2019, based on non-deliverable forward quotes. The currency had gained 0.25% in the previous session and was Asia's best-performing currency.

- Date: 2019-06-28 · published 2019-06-28T12:00:00.000Z
- Category: market · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/58907-jokowi-presiden-lagi-rupiah-menguat-lagi
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A firmer rupiah lowers the rupiah cost of dollar-priced feed and soymeal imports for Indonesian buyers, easing import costs.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- cnbcindonesia.com: https://www.cnbcindonesia.com/market/20190628072649-17-81244/jokowi-presiden-lagi-rupiah-menguat-lagi

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