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US Dollar Breaks Rp. 14,900, Prices of These Items Potentially Skyrocket

Jakarta

The Rupiah currency is under pressure from the United States (US) Dollar. The exchange rate of the Dollar against the Rupiah had touched the level of Rp. 14,900.

The weakening of the value of the Rupiah is considered to have an instant impact on society. That is the rising rate of inflation.

According to the Director of the Center of Economic and Law Studies (Celios), Bhima Yudhistira, the strengthening of Uncle Sam’s exchange rate can directly affect the economy of the Indonesian people. As a result, inflation may occur and suppress people’s purchasing power.

Bhima explained that the strengthening of the US dollar will have the potential to raise production costs for the manufacturing industry, especially those that still use imported goods. As a result, the price of the product in the community will increase.

“This weakening has an impact on several things, first there is an increase in the production cost of the manufacturing industry. This increase in production costs, especially in manufacturing, which depends on imported raw materials, will be passed on to final consumers, it will create higher inflationary pressures in the country,” said Bhima to detikcom. , Monday (20/6/2022).

Then what are the goods that have the potential to increase in price amid the strengthening of the US Dollar?

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