# BI akan Terus Biarkan Rupiah 'Gilas' Dolar AS

> Bank Indonesia's monetary department head Nanang Hendarsah said the central bank will keep letting the rupiah strengthen against the dollar, as the currency is still seen as undervalued. The rupiah had gained for three straight days, supported by a dovish Fed stance and softer US housing data.

- Date: 2019-02-27 · published 2019-02-27T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/60892-bi-akan-terus-biarkan-rupiah-gilas-dolar-as
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A firmer rupiah lowers the local-currency cost of dollar-priced feed ingredients imported by Indonesia, easing pressure on feed mill margins.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- cnbcindonesia.com: https://www.cnbcindonesia.com/market/20190227101937-17-57835/bi-akan-terus-biarkan-rupiah-gilas-dolar-as

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