# Indonesia's Rupiah Breaches 14,000 as GDP Growth Misses Estimate - Bloomberg

> The rupiah traded above 14,000 per dollar for the first time since December 2015 after weaker-than-expected Indonesian GDP growth. The currency had lost 3.2% over three months, the worst performance in Asia after the Indian rupee.

- Date: 2018-05-07 · published 2018-05-07T12:00:00.000Z
- Category: macro · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/65327-indonesia-s-rupiah-breaches-14-000-as-gdp-growth-misses-estimate-bloomberg
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A rupiah above 14,000 raises the cost of dollar-priced feed imports for Indonesian buyers, and weak growth signals softer domestic feed demand.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2018-05-07/indonesia-s-rupiah-breaches-14-000-as-gdp-growth-misses-estimate

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