# IDR: Rupiah Opens Weaker after the Break.        - 01-30-2025 | MNI

> The rupiah opened weaker on January 30 after breaching its 20-day moving average near 16,231 per dollar. Indonesia plans to cut state spending by about 8.5% after a scrapped tax hike, and the central bank sees room for more rate cuts.

- Date: 2025-01-30 · published 2025-01-30T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/26821-idr-rupiah-opens-weaker-after-the-break-01-30-2025-mni
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Currency weakness and fiscal tightening raise the cost of imported feed inputs in Indonesia.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- mnimarkets.com: https://www.mnimarkets.com/articles/rupiah-opens-weaker-after-the-break-1738205324257

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