# Indonesian Rupiah Approaching IDR 14,000 per US Dollar Level, Why? | Indonesia Investments

> The rupiah approached IDR 14,000 per dollar on April 23, its weakest level since December 2015, as the 10-year US Treasury yield rose to about 3%. Markets had raised expectations of faster US rate hikes, prompting foreign investors to pull money from emerging market assets.

- Date: 2018-04-23 · published 2018-04-23T12:00:00.000Z
- Category: macro · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/65816-indonesian-rupiah-approaching-idr-14-000-per-us-dollar-level-why-indonesia
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Rupiah weakness raises the dollar cost of imported feed ingredients for Indonesian buyers. The move is driven by external US rate expectations rather than domestic fundamentals.

## Read by commodity

- DXY: bullish ▲
- USDIDR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-05-18 | [IDR/USD: Indonesian Rupiah Set for Rally in Second Half on Weaker Dollar - Bloomberg](https://feedsoft.ai/events/24975-idr-usd-indonesian-rupiah-set-for-rally-in-second-half-on-weaker-dollar.md) | -1.4% | -2.4% |
| DXY | 2019-05-17 | [Why Rupee Breached 70 Levels Against USD This Week? \| Investing.com India](https://feedsoft.ai/events/59360-why-rupee-breached-70-levels-against-usd-this-week-investing-com-india.md) | +0.2% | -0.1% |
| DXY | 2022-08-29 | [Why rupee touched an all time low of 80.13 to the US dollar today - Times of India](https://feedsoft.ai/events/40318-why-rupee-touched-an-all-time-low-of-80-13-to-the-us-dollar-today-times-of-india.md) | +0.6% | +4.4% |
| DXY | 2026-05-22 | [Why the Indonesian Rupiah is suddenly flashing warning signs for global markets](https://feedsoft.ai/events/19567-why-the-indonesian-rupiah-is-suddenly-flashing-warning-signs-for-global-markets.md) | -0.4% | +1.0% |
| DXY | 2019-04-25 | [USDINR Indian rupee below Rs70 per dollar on oil](https://feedsoft.ai/events/59888-usdinr-indian-rupee-below-rs70-per-dollar-on-oil.md) | -0.4% | +0.7% |

## Sources

- indonesia-investments.com: https://www.indonesia-investments.com/news/todays-headlines/indonesian-rupiah-approaching-idr-14-000-per-us-dollar-level-why/item8752

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