# Indonesian Stocks & Rupiah Ahead of Looming Fed Rate Hike | Indonesia Investments

> Asian markets were subdued ahead of the Fed meeting on March 14-15, with the Jakarta Composite Index rising to a four-month high led by financials and energy. Bank Central Asia reported record annual net profit.

- Date: 2017-03-14 · published 2017-03-14T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/72307-indonesian-stocks-and-rupiah-ahead-of-looming-fed-rate-hike-indonesia
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Investors are weighing whether a US rate hike is priced in or will trigger capital outflows from emerging markets, which could pressure the rupiah and affect import costs.

## Read by commodity

- USDIDR: neutral

## Sources

- indonesia-investments.com: https://www.indonesia-investments.com/news/todays-headlines/indonesian-stocks-rupiah-ahead-of-looming-fed-rate-hike/item7679

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