# Rupiah merosot jelang putusan The Fed

> The rupiah weakened 0.14% in spot trading to Rp13,327 per US dollar on July 25, 2017, after a gain the previous day. Analysts attributed the move to technical factors and dollar direction ahead of the Federal Reserve's policy decision. They expected the currency to trade in a narrow range.

- Date: 2017-07-25 · published 2017-07-25T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/70278-rupiah-merosot-jelang-putusan-the-fed
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Rupiah moves of this size have little direct effect on feed prices, but a weaker rupiah raises the cost of dollar-priced imported feed for Indonesian buyers.

## Sources

- investasi.kontan.co.id: https://investasi.kontan.co.id/news/rupiah-merosot-jelang-putusan-the-fed

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