# CENTRAL KUTA MONEY EXCHANGE

> Bank Indonesia Governor Perry Warjiyo said the rupiah, trading between Rp14,000 and Rp14,200 per dollar, remained undervalued and could strengthen further. He cited expected Fed hikes this year, renewed capital inflows of Rp19 trillion since January, and a narrowing current account deficit forecast at 2.5% of GDP.

- Date: 2019-03-30 · published 2019-03-30T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/60403-central-kuta-money-exchange
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A stronger rupiah lowers the local cost of imported feed ingredients for Indonesian buyers, with no material direct effect on global feed prices.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- centralkutabali.com: https://centralkutabali.com/news.php?id=485

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