# Usai BI Tahan Bunga Acuan, Rupiah Melemah Tipis

> The rupiah weakened slightly to around 14,080 per dollar after Bank Indonesia held its 7-day reverse repo rate. BI had raised rates 175 basis points from 4.25% to 6% since May 2018, and bank lending rates had not risen significantly in response.

- Date: 2019-02-22 · published 2019-02-22T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/60898-usai-bi-tahan-bunga-acuan-rupiah-melemah-tipis
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Bank Indonesia's policy hold keeps domestic rate support in place for the rupiah, which affects the cost of dollar-priced feed imports.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- liputan6.com: https://www.liputan6.com/bisnis/read/3901319/usai-bi-tahan-bunga-acuan-rupiah-melemah-tipis

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