# Rupiah Strengthens Below Rp 14,400 per US Dollar

> The rupiah closed 1% stronger at Rp14,383 per US dollar on November 29, 2018, its first move below Rp14,400 since July 18. Foreign inflows into stocks and bonds through November drove the gain, with the Jakarta Composite Index up 4.72% over the month.

- Date: 2018-11-29 · published 2018-11-29T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/62343-rupiah-strengthens-below-rp-14-400-per-us-dollar
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Rupiah appreciation reduces the dollar cost of imported feed inputs for Indonesian producers, and steady foreign inflows signal easing pressure on the currency.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- databoks.katadata.co.id: https://databoks.katadata.co.id/en/market/statistics/e229a633f563bc9/rupiah-strengthens-below-rp-14400-per-us-dollar

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