# Impact of Jakarta Election on Indonesia's Rupiah & Stocks | Indonesia Investments

> The Jakarta gubernatorial election defeat of incumbent Ahok had little effect on Indonesian stocks or the rupiah on April 20, with the rupiah slipping 0.10% to about 13,332 per dollar. Commentary attributed the loss to religious and racial sentiment as well as the governor's confrontational style.

- Date: 2017-04-20 · published 2017-04-20T12:00:00.000Z
- Category: market · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/71791-impact-of-jakarta-election-on-indonesia-s-rupiah-and-stocks-indonesia
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Political events in Jakarta have no clear bearing on feed supply, demand, or prices, so the impact on feed markets is negligible.

## Sources

- indonesia-investments.com: https://www.indonesia-investments.com/news/todays-headlines/impact-of-jakarta-election-on-indonesia-s-rupiah-stocks/item7756

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