# IDR/USD: Indonesian Rupiah to Consolidate Before Further Gains, Citi Says - Bloomberg

> Citigroup strategist Rohit Garg expects the rupiah to consolidate after its recent gains and then rally about 2% against the dollar by year-end. He cited typical weakness in high-yielding emerging-market currencies in August.

- Date: 2025-07-22 · published 2025-07-22T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/24088-idr-usd-indonesian-rupiah-to-consolidate-before-further-gains-citi-says
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A firmer rupiah by year-end would lower the local cost of dollar-priced feed ingredients for Indonesian buyers, but the forecast is a short-term view with limited immediate price impact.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2025-07-22/rupiah-to-consolidate-before-further-gains-citi-strategist-says

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