# Sri Mulyani Jelaskan Alasan Rupiah Terus Tertekan Dollar AS

> Finance Minister Sri Mulyani Indrawati attributed the rupiah's slide past Rp 15,900 per dollar to the U.S. fiscal deficit, which reached $1.69 trillion as of September 2023. She said the deficit pushed U.S. Treasury yields toward 5%, drawing global capital into dollar assets. The dollar index consequently strengthened against other currencies.

- Date: 2023-10-31 · published 2023-10-31T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/33955-sri-mulyani-jelaskan-alasan-rupiah-terus-tertekan-dollar-as
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar driven by U.S. borrowing needs raises the local-currency cost of imported feed ingredients and can squeeze Asian feed margins. The macro backdrop points to continued pressure on dollar-denominated commodity demand from emerging markets.

## Read by commodity

- DXY: bullish ▲
- USDIDR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-09-26 | [Rupiah Melemah Tembus Rp 15.100 Per Dollar AS, Sri Mulyani Ungkap Penyebabnya](https://feedsoft.ai/events/39906-rupiah-melemah-tembus-rp-15-100-per-dollar-as-sri-mulyani-ungkap-penyebabnya.md) | +0.2% | +0.6% |
| DXY | 2021-11-23 | [Ini Alasan Rupiah Hanya Melemah Tipis Saat Dolar AS Ngamuk](https://feedsoft.ai/events/44353-ini-alasan-rupiah-hanya-melemah-tipis-saat-dolar-as-ngamuk.md) | +0.5% | +0.4% |
| DXY | 2025-02-19 | [Asal Muasal Dolar AS Menggila, Rupiah Cs Terkapar](https://feedsoft.ai/events/26354-asal-muasal-dolar-as-menggila-rupiah-cs-terkapar.md) | +0.1% | -1.4% |
| DXY | 2019-09-27 | [Ekonomi AS Masih Solid, Rupiah Tetap Tertekan](https://feedsoft.ai/events/57389-ekonomi-as-masih-solid-rupiah-tetap-tertekan.md) | -0.1% | -1.4% |
| DXY | 2022-09-28 | [Tekanan Rupiah Berlanjut, Begini Penjelasan BI](https://feedsoft.ai/events/39907-tekanan-rupiah-berlanjut-begini-penjelasan-bi.md) | -1.8% | -1.5% |

## Sources

- money.kompas.com: https://money.kompas.com/read/2023/10/31/090000226/sri-mulyani-jelaskan-alasan-rupiah-terus-tertekan-dollar-as

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