# Indonesian Rupiah struggles amid foreign-exchange demand, portfolio outflows

> The Indonesian rupiah weakened on September 28 as importers' FX demand and domestic portfolio outflows pressured USD/IDR near 17,980. CME FedWatch showed a 65.9% probability of a Federal Reserve rate hike at the October meeting. Fed officials signalled that further tightening may be warranted.

- Date: 2026-09-28 · published 2026-09-28T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/17774-indonesian-rupiah-struggles-amid-foreign-exchange-demand-portfolio-outflows
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Expectations of Fed tightening are strengthening the dollar, which tends to weigh on dollar-denominated commodity prices while raising costs for emerging-market feed importers. The effect is incremental rather than decisive for feed markets.

## Sources

- fxstreet.com: https://www.fxstreet.com/news/indonesian-rupiah-struggles-amid-foreign-exchange-demand-portfolio-outflows-202609280536

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