# Bank Indonesia Sees Stability Returning to Rupiah

> The Wall Street Journal reported that the rupiah, after a recent depreciation, is expected to stabilize this year. A quoted Bank Indonesia statement said the central bank has kept the dollar below 13,800 rupiah.

- Date: 2018-03-14 · published 2018-03-14T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/66312-bank-indonesia-sees-stability-returning-to-rupiah
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Expected currency stability reduces the risk of sharp increases in Indonesian import costs for feed ingredients. The central bank's defense of the level limits upside pressure on dollar-priced commodities.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- wsj.com: https://www.wsj.com/articles/bank-indonesia-sees-stability-returning-to-rupiah-1521012201?mod=e2twe

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