# Berkat Pencabutan DMO Batu Bara, Rupiah Perkasa di Kurs Acuan

> The rupiah strengthened against the dollar at the Jisdor reference rate, closing at Rp 14,409 per dollar on July 30, its strongest level since July 19. The gain followed the government's revocation of the coal domestic market obligation (DMO), and the rupiah was one of only a few Asian currencies to rise.

- Date: 2018-07-30 · published 2018-07-30T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/64361-berkat-pencabutan-dmo-batu-bara-rupiah-perkasa-di-kurs-acuan
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A firmer rupiah lowers the local-currency cost of Indonesian imports, which is a modest supportive factor for feed input costs priced in dollars. The effect on grain and meal prices is limited.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- cnbcindonesia.com: https://www.cnbcindonesia.com/market/20180730102613-17-25976/berkat-pencabutan-dmo-batu-bara-rupiah-perkasa-di-kurs-acuan

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