# Positive Sentiment Not There Yet

> Indonesian rupiah traded around Rp 14,900 per US dollar in late September despite Bank Indonesia's rate hike and new government policies. Analysts said external factors, not the domestic measures, were driving the currency and that the rate hike had been widely expected.

- Date: 2018-09-29 · published 2018-09-29T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/63356-positive-sentiment-not-there-yet
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Persistent rupiah weakness keeps Indonesian import costs high and signals continued emerging-market pressure that can weigh on regional feed and commodity demand.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- kompas.id: https://www.kompas.id/artikel/positive-sentiment-not-there-yet

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