# Foreign capital inflow supports strengthening of rupiah: BI - ANTARA News

> Bank Indonesia said foreign capital inflows of about US$700 million came in during January 1-9, 2017, helping to strengthen the rupiah. The rupiah traded at Rp13,308 per dollar on January 13 compared with Rp13,485 on January 3. The central bank expects inflows to continue, supported by commodity and manufacturing exports.

- Date: 2017-01-13 · published 2017-01-13T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/73291-foreign-capital-inflow-supports-strengthening-of-rupiah-bi-antara-news
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A firmer rupiah supported by capital inflows reduces import cost pressure for Indonesian feed and meal buyers. Continued inflows also point to a stable currency backdrop for commodity exporters.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- en.antaranews.com: https://en.antaranews.com/news/108918/foreign-capital-inflow-supports-strengthening-of-rupiah-bi

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