# Rupiah Hits 10-month Low Against U.S Dollar - The Insiders Stories

> The rupiah slid to a 10-month low against the dollar on September 28, reaching Rp13,594 per dollar intraday. Bank Indonesia's earlier rate cut to 4.25 percent and Fed rate expectations were cited as pressures.

- Date: 2017-09-29 · published 2017-09-29T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/69265-rupiah-hits-10-month-low-against-u-s-dollar-the-insiders-stories
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Weaker rupiah makes dollar-denominated feed imports more costly for Indonesia, supporting higher delivered prices for soymeal and corn.

## 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 | [The dollar continues to rise but is at its lowest level in 10 years · SondeAR](https://feedsoft.ai/events/17345-the-dollar-continues-to-rise-but-is-at-its-lowest-level-in-10-years-sondear.md) | -3.3% | — |
| 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% |
| SBM | 2023-04-11 | [Strong dollar inflows support Brazilian real](https://feedsoft.ai/events/36624-strong-dollar-inflows-support-brazilian-real.md) | +3.1% | -5.6% |
| SBM | 2021-06-10 | [In the eye of the storm: How the oilseeds market emerged as the global driver of agriculture markets, its role in wider food price inflation - Fastmarkets](https://feedsoft.ai/events/46619-in-the-eye-of-the-storm-how-the-oilseeds-market-emerged-as-the-global-driver-of.md) | -2.1% | -6.2% |

## Sources

- theinsiderstories.com: https://theinsiderstories.com/rupiah-hits-10-month-low-against-u-s-dollar/

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