# Currency Update: Indonesian Rupiah Ends 2018 on a Stable Note but Shows Mixed Performance Overall | Indonesia Investments

> The rupiah weakened 0.99 percent in December 2018, moving from IDR 14,339 to IDR 14,481 per US dollar, but rose 5.83 percent in November. For full-year 2018 it fell 6.89 percent against the dollar, making it one of the more fragile currencies in Asia.

- Date: 2019-01-09 · published 2019-01-09T12:00:00.000Z
- Category: market · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/61388-currency-update-indonesian-rupiah-ends-2018-on-a-stable-note-but-shows-mixed
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A weaker rupiah raises the local cost of imported feed ingredients such as soybean meal and corn, so sustained depreciation pressure would tighten margins for Indonesian feed buyers.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- indonesia-investments.com: https://www.indonesia-investments.com/news/todays-headlines/indonesian-rupiah-ends-2018-on-a-stable-note-but-shows-mixed-performance-overall/item9068

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