# Rupiah ends weaker on Monday on Fed fund rate sentiment | Republika Online

> The rupiah closed weaker on Monday, November 12, 2018, falling 167 points to 14,835 per dollar from 14,668. Analysts attributed the move to dollar strength on expectations of Fed rate hikes and rising US inflation, with US midterm results also weighing on Trump's legislative agenda.

- Date: 2018-11-12 · published 2018-11-12T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/62348-rupiah-ends-weaker-on-monday-on-fed-fund-rate-sentiment-republika-online
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A weaker rupiah raises the dollar cost of imported feed ingredients for Indonesian buyers, though the move was a single-session fluctuation.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- en.republika.co.id: https://en.republika.co.id/berita/pi38b5414/rupiah-ends-weaker-on-monday-on-fed-fund-rate-sentiment

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