# Rupiah falls on high demand for dollars - ANTARA News

> The rupiah fell 0.34% to Rp14,257 per US dollar in Jakarta interbank spot trade on April 30, 2019, on strong seasonal dollar demand for foreign debt interest and dividend payments. Analysts said investors were awaiting the FOMC decision and that falling crude prices had not yet lifted the currency.

- Date: 2019-04-30 · published 2019-04-30T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/59873-rupiah-falls-on-high-demand-for-dollars-antara-news
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker rupiah raises the cost of dollar-priced feed imports for Indonesian buyers, and Indonesia's import bill is sensitive to crude prices. The effect on global feed prices is minor.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-02-21 | [Rupiah falls 27 points apparently on fed rate hike - ANTARA News](https://feedsoft.ai/events/60896-rupiah-falls-27-points-apparently-on-fed-rate-hike-antara-news.md) | -0.5% | -0.4% |
| DXY | 2019-04-26 | [Rupiah weakens to close to Rp14,200 per dollar over weekend - ANTARA News](https://feedsoft.ai/events/59874-rupiah-weakens-to-close-to-rp14-200-per-dollar-over-weekend-antara-news.md) | -0.2% | +0.4% |
| DXY | 2023-09-26 | [Rupee falls on month-end dollar demand, higher US yields - The HinduBusinessLine](https://feedsoft.ai/events/34390-rupee-falls-on-month-end-dollar-demand-higher-us-yields-the-hindubusinessline.md) | +0.8% | +1.3% |
| DXY | 2021-09-29 | [High Demand for Dollars in Currency Derivatives Markets](https://feedsoft.ai/events/45258-high-demand-for-dollars-in-currency-derivatives-markets.md) | +0.1% | -0.5% |
| DXY | 2016-11-25 | [BI: pelemahan rupiah bukan karena isu demonstrasi - ANTARA News](https://feedsoft.ai/events/74152-bi-pelemahan-rupiah-bukan-karena-isu-demonstrasi-antara-news.md) | -0.3% | +0.7% |

## Sources

- en.antaranews.com: https://en.antaranews.com/news/124618/rupiah-falls-on-high-demand-for-dollars

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