# Indonesian rupiah declines on Trump tariff, Prabowo fears | news.com.au — Australia’s leading news site for latest headlines

> The rupiah slipped as US tariffs and President Prabowo's fiscal policies weighed on the currency. It touched 16,640 per dollar on Tuesday, near its 1998 record low of 16,800. The Australian dollar bought about 10,480 rupiah at its weekly high, up from roughly 10,000 on January 1.

- Date: 2025-03-29 · published 2025-03-29T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/25917-indonesian-rupiah-declines-on-trump-tariff-prabowo-fears-news-com-au-australia
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Tariff-driven weakness in the rupiah and global commodity price pressure raise import costs for Indonesian buyers and shift trade competitiveness in the region.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- news.com.au: https://www.news.com.au/finance/markets/world-markets/value-of-indonesian-rupiah-slips-as-trump-tariffs-president-prabowos-fiscal-policies-hit/news-story/0ed19addffe7c5fde37fb6746328dee8

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