# Rupiah Performance Update: Strong Appreciation against the US Dollar | Indonesia Investments

> The rupiah appreciated 5.83% against the US dollar in November 2018, from 15,227 to 14,339 per dollar on the JISDOR benchmark. It still lost 5.84% year to date. The article attributes the rebound partly to longer-term factors affecting the currency.

- Date: 2018-12-10 · published 2018-12-10T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/61865-rupiah-performance-update-strong-appreciation-against-the-us-dollar-indonesia
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A stronger rupiah lowers the local-currency cost of dollar-priced imports, which eases pressure on Indonesian feed and food import costs.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- indonesia-investments.com: https://www.indonesia-investments.com/finance/financial-columns/rupiah-performance-update-strong-appreciation-against-the-us-dollar/item9052

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