# Rupiah rises after US-Iran deal, market now focuses on domestic fiscal

> The rupiah strengthened 0.91% to 17,698 per dollar on June 15 after the US and Iran agreed to reopen the Strait of Hormuz. Analysts said domestic fiscal risks would now drive the currency's direction, and Brent fell to around $84.

- Date: 2026-07-01 · published 2026-07-01T12:00:00.000Z
- Category: geopolitics · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/19107-rupiah-rises-after-us-iran-deal-market-now-focuses-on-domestic-fiscal
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Reopening Hormuz lowers energy costs and eases pressure on Indonesia's import bill, supporting the rupiah and reducing feed cost pressure from fuel.

## Read by commodity

- BRENT: bearish ▼
- USDIDR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-06-15 | [China's yuan hits three-year high as dollar eases after US-Iran peace deal \| MarketScreener](https://feedsoft.ai/events/8411-china-s-yuan-hits-three-year-high-as-dollar-eases-after-us-iran-peace-deal.md) | -8.9% | -14.6% |
| BRENT | 2026-04-08 | [Dollar falls as US-Iran ceasefire sparks relief rally for risk assets \| MarketScreener](https://feedsoft.ai/events/11160-dollar-falls-as-us-iran-ceasefire-sparks-relief-rally-for-risk-assets.md) | -13.7% | -8.7% |
| BRENT | 2026-05-06 | [Brent Crude Price: Oil and gas plunge after report US and Iran near deal to end war](https://feedsoft.ai/events/9582-brent-crude-price-oil-and-gas-plunge-after-report-us-and-iran-near-deal-to-end.md) | -2.3% | -11.1% |
| BRENT | 2026-05-24 | [Oil tumbles nearly 7% as US and Iran seen moving closer to deal \| Reuters](https://feedsoft.ai/events/12722-oil-tumbles-nearly-7-as-us-and-iran-seen-moving-closer-to-deal-reuters.md) | -8.2% | -26.6% |
| BRENT | 2026-05-27 | [Oil settles 5% lower as investors await updates on US-Iran peace deal talks \| Reuters](https://feedsoft.ai/events/12486-oil-settles-5-lower-as-investors-await-updates-on-us-iran-peace-deal-talks.md) | -3.9% | -24.5% |

## Sources

- idnfinancials.com: https://www.idnfinancials.com/news/64788/rupiah-rises-after-us-iran-deal-market-now-focuses-on-domestic-fiscal

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