# Mengapa krisis di Argentina dan Turki menyakiti Indonesia?

> The rupiah fell to 14,750 per dollar, its weakest since the 1998 Asian crisis, as contagion from currency crises in Argentina and Turkey spread to emerging markets. Bank Indonesia has spent foreign reserves and raised its policy rate four times since mid-May 2018.

- Date: 2018-08-31 · published 2018-08-31T12:00:00.000Z
- Category: macro · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/63840-mengapa-krisis-di-argentina-dan-turki-menyakiti-indonesia
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Rapid currency depreciation and tighter monetary policy raise the cost of imported feed inputs in Indonesia and can weigh on local livestock and feed demand.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- investasi.kontan.co.id: https://investasi.kontan.co.id/news/mengapa-krisis-di-argentina-dan-turki-menyakiti-indonesia

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