# Rupiah Kamis sore melemah lima poin - ANTARA News

> The rupiah weakened five points on March 1, 2018, to 13,761 per US dollar in interbank trade in Jakarta. An analyst linked the move to expectations of a Fed rate hike in March, and said Bank Indonesia would intervene to limit volatility.

- Date: 2018-03-01 · published 2018-03-01T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/66313-rupiah-kamis-sore-melemah-lima-poin-antara-news
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A weaker rupiah raises the local cost of dollar-denominated feed imports such as corn and soybean meal. The move is small and intervention is expected to contain it.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- antaranews.com: https://www.antaranews.com/berita/689633/rupiah-kamis-sore-melemah-lima-poin

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