# Chatib Basri: Rupiah Kurang Darah Antisipasi Kenaikan The Fed

> Chatib Basri, former Indonesian finance minister, said the rupiah's recent slide to around Rp 13,500 per dollar reflects markets pricing in an expected Federal Reserve rate increase. He warned of possible further capital outflows if US rates keep rising, possibly by 50 basis points next year.

- Date: 2016-11-30 · published 2016-11-30T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/74154-chatib-basri-rupiah-kurang-darah-antisipasi-kenaikan-the-fed
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Expected US rate hikes and capital outflows keep Indonesian import costs elevated for feed ingredients. Continued rupiah weakness would raise domestic prices for imported meal and grain.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- cnnindonesia.com: https://www.cnnindonesia.com/ekonomi/20161130150909-78-176345/chatib-basri-rupiah-kurang-darah-antisipasi-kenaikan-the-fed

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