# rupiah now stable based on market mechanism: bi - ANTARA News

> Bank Indonesia Governor Perry Warjiyo said the rupiah has been stable under market mechanisms, trading around Rp15,200 per dollar after breaking the 15,000 level. Economists described the rate as a new equilibrium reflecting Indonesia's fundamentals, while noting the rupiah may struggle to regain strength amid uncertain global conditions.

- Date: 2018-10-19 · published 2018-10-19T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/62838-rupiah-now-stable-based-on-market-mechanism-bi-antara-news
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A stabilized rupiah near current levels means import costs for feed ingredients stay high but predictable, supporting steady rather than surging Indonesian demand for imported feed commodities.

## Read by commodity

- USDIDR: neutral

## Sources

- en.antaranews.com: https://en.antaranews.com/news/119712/rupiah-now-stable-based-on-market-mechanism-bi

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