# Bank Indonesia menilai sentimen AS picu melemahnya Rupiah - ANTARA News

> Bank Indonesia said the recent weakening of the rupiah was driven by a stronger US dollar, following Fed Chair Yellen's hawkish remarks and the Trump administration's tax reform plan. The rupiah fell about 0.45 percent against the dollar, still doing better than the yen.

- Date: 2017-09-28 · published 2017-09-28T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/69262-bank-indonesia-menilai-sentimen-as-picu-melemahnya-rupiah-antara-news
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A weaker rupiah raises the cost of imported feed inputs for Indonesian buyers, such as soybean meal and corn, which are priced in dollars.

## Read by commodity

- SBM: bullish ▲
- USDIDR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2017-09-27 | [Currency of Indonesia: Rupiah at 10-month Low Against US Dollar \| Indonesia Investments](https://feedsoft.ai/events/69263-currency-of-indonesia-rupiah-at-10-month-low-against-us-dollar-indonesia.md) | -0.5% | +1.7% |
| SBM | 2026-10-29 | [CoBank: value-added chicken products driving growth in U.S. poultry industry - Brownfield Ag News](https://feedsoft.ai/events/2143-cobank-value-added-chicken-products-driving-growth-in-u-s-poultry-industry.md) | -3.3% | — |
| SBM | 2023-04-26 | [Argentina: A desperate search for a door as currency tumbles \| AP News](https://feedsoft.ai/events/36674-argentina-a-desperate-search-for-a-door-as-currency-tumbles-ap-news.md) | -1.9% | -7.0% |
| SBM | 2017-09-29 | [Rupiah Hits 10-month Low Against U.S Dollar - The Insiders Stories](https://feedsoft.ai/events/69265-rupiah-hits-10-month-low-against-u-s-dollar-the-insiders-stories.md) | +2.0% | +1.7% |
| SBM | 2021-07-12 | [Indian rupee heads for new lows this year as trade deficit widens \| The National](https://feedsoft.ai/events/46343-indian-rupee-heads-for-new-lows-this-year-as-trade-deficit-widens-the-national.md) | +1.8% | +1.0% |

## Sources

- antaranews.com: https://www.antaranews.com/berita/655227/bank-indonesia-menilai-sentimen-as-picu-melemahnya-rupiah

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