# Rupiah falls 27 points apparently on fed rate hike - ANTARA News

> The rupiah fell 27 points to 14,071 per dollar on Thursday after the Fed's meeting summary showed a strong US economy and labor market. Analysts said markets expected at least one more Fed rate hike this year, and higher global crude prices also pressured the currency.

- Date: 2019-02-21 · published 2019-02-21T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/60896-rupiah-falls-27-points-apparently-on-fed-rate-hike-antara-news
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Expectations of further Fed tightening strengthen the dollar and raise dollar-denominated import costs for emerging-market feed buyers, while higher crude raises transport and energy costs.

## Read by commodity

- DXY: bullish ▲
- WTI: bullish ▲
- USDIDR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-04-30 | [Rupiah falls on high demand for dollars - ANTARA News](https://feedsoft.ai/events/59873-rupiah-falls-on-high-demand-for-dollars-antara-news.md) | -0.1% | +0.7% |
| DXY | 2019-07-31 | [Gold falls as Fed rate outlook disappoints](https://feedsoft.ai/events/58013-gold-falls-as-fed-rate-outlook-disappoints.md) | +0.9% | +1.8% |
| DXY | 2022-01-24 | [Oil falls 2% as Fed rate hike talk spooks risk markets](https://feedsoft.ai/events/43049-oil-falls-2-as-fed-rate-hike-talk-spooks-risk-markets.md) | +1.2% | +0.2% |
| DXY | 2017-10-27 | [Kompetisi calon gubernur The Fed tekan rupiah - ANTARA News](https://feedsoft.ai/events/68762-kompetisi-calon-gubernur-the-fed-tekan-rupiah-antara-news.md) | -0.1% | -1.4% |
| DXY | 2022-11-18 | [Gold falls on Fed rate hike prospects, on track for weekly dip \| Reuters](https://feedsoft.ai/events/38592-gold-falls-on-fed-rate-hike-prospects-on-track-for-weekly-dip-reuters.md) | -0.5% | -1.1% |
| WTI | 2023-08-31 | [ForexLive European FX news wrap: Euro falls as ECB rate hike bets abate](https://feedsoft.ai/events/34810-forexlive-european-fx-news-wrap-euro-falls-as-ecb-rate-hike-bets-abate.md) | +6.4% | +12.3% |
| WTI | 2017-02-14 | [Rupiah menguat 15 poin ketika kenaikan suku bunga dolar masih misteri - ANTARA News](https://feedsoft.ai/events/72807-rupiah-menguat-15-poin-ketika-kenaikan-suku-bunga-dolar-masih-misteri-antara.md) | +2.0% | -10.5% |
| WTI | 2021-09-22 | [Daily summary: Fed projects interest-rate hike next year \| XTB](https://feedsoft.ai/events/44966-daily-summary-fed-projects-interest-rate-hike-next-year-xtb.md) | +6.9% | +17.8% |

## Sources

- en.antaranews.com: https://en.antaranews.com/news/122387/rupiah-falls-27-points-apparently-on-fed-rate-hike

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