# Jokowi Effect Sulit Diharapkan, Rupiah Terlemah Kedua di Asia

> The rupiah closed at Rp14,180 per US dollar on April 25, 2019, down 0.64% and its weakest since April 3, making it the second-weakest currency in Asia after the won. Investors shifted to the dollar on weak German business sentiment and ahead of US-China trade talks in Beijing.

- Date: 2019-04-25 · published 2019-04-25T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/59878-jokowi-effect-sulit-diharapkan-rupiah-terlemah-kedua-di-asia
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Rupiah weakness raises the dollar cost of imported feed for Indonesian buyers. The story is about currency flows, not a change in feed supply or demand.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-04-22 | [Rupiah melemah seiring kepudaran "Jokowi effect" - ANTARA News](https://feedsoft.ai/events/59875-rupiah-melemah-seiring-kepudaran-jokowi-effect-antara-news.md) | +0.7% | +1.5% |
| DXY | 2022-01-04 | [Rupiah melemah dipicu antisipasi kenaikan suku bunga The Fed - ANTARA News](https://feedsoft.ai/events/43450-rupiah-melemah-dipicu-antisipasi-kenaikan-suku-bunga-the-fed-antara-news.md) | -0.2% | -0.0% |
| DXY | 2019-09-27 | [Ekonomi AS Masih Solid, Rupiah Tetap Tertekan](https://feedsoft.ai/events/57389-ekonomi-as-masih-solid-rupiah-tetap-tertekan.md) | -0.1% | -1.4% |
| DXY | 2021-11-11 | [Rupiah melemah signifikan, terimbas lonjakan inflasi AS - ANTARA News](https://feedsoft.ai/events/44356-rupiah-melemah-signifikan-terimbas-lonjakan-inflasi-as-antara-news.md) | +0.8% | +1.2% |
| DXY | 2022-11-02 | [Detik-Detik Suku Bunga di AS Naik 75 Bps, Rupiah Terkapar?](https://feedsoft.ai/events/38989-detik-detik-suku-bunga-di-as-naik-75-bps-rupiah-terkapar.md) | -1.4% | -4.2% |

## Sources

- cnbcindonesia.com: https://www.cnbcindonesia.com/market/20190425162151-17-68898/jokowi-effect-sulit-diharapkan-rupiah-terlemah-kedua-di-asia

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