# Rupiah Strengthens to Rp 16,608 as Markets Eye US-China Talks, Fed Decision

> The rupiah strengthened on October 28, closing 13 points higher at Rp16,608 per dollar. Traders cited optimism over a US-China trade deal and expectations of a Federal Reserve rate cut, and the currency held firm despite new US sanctions on Lukoil and Rosneft.

- Date: 2025-10-28 · published 2025-10-28T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/22737-rupiah-strengthens-to-rp-16-608-as-markets-eye-us-china-talks-fed-decision
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A stronger rupiah lowers the local cost of dollar-priced feed imports, which eases pressure on Indonesian feed costs. The move is a small reaction to trade and rate expectations.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- jakartaglobe.id: https://jakartaglobe.id/business/rupiah-strengthens-to-rp-16608-as-markets-eye-uschina-talks-fed-decision

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