# Market Pulse: A Slow But Positive Outlook  - Economy - magz.tempo.co

> The rupiah was trading near Rp13,300 per US dollar even after the Federal Reserve's second 25-basis-point rate hike of 2017. Jakarta's Composite Index hovered around 5,700, supported by foreign fund inflows after Standard & Poor's upgraded Indonesia to investment grade. Bank Indonesia kept its 7-day repo rate at 4.75 percent.

- Date: 2017-06-26 · published 2017-06-26T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/70827-market-pulse-a-slow-but-positive-outlook-economy-magz-tempo-co
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Strong foreign inflows and a stable rupiah reduce pressure on Indonesian feed and import costs, and point to a stable domestic rate outlook.

## Sources

- magz.tempo.co: https://magz.tempo.co/read/economy/33311/market-pulse-a-slow-but-positive-outlook

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