# IDR/USD: Indonesia’s Rupiah Seen Rising to One-Year High as Funds Return - Bloomberg

> TD Securities expects the rupiah to strengthen to 14,057 per dollar within three months, matching its October 2021 high. The forecast cites Indonesia's trade surplus, attractive bond yields, rising palm oil exports to China and expected rate hikes.

- Date: 2022-08-11 · published 2022-08-11T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/40339-idr-usd-indonesia-s-rupiah-seen-rising-to-one-year-high-as-funds-return
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A stronger rupiah lowers the local cost of imported feed ingredients, while rising palm oil exports to China signal firm demand for Indonesian vegetable oil.

## Read by commodity

- USDIDR: bearish ▼
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2022-07-06 | [Rupiah Tembus Rp 15.000 per Dollar AS, Apa Dampaknya ke Perekonomian Indonesia?](https://feedsoft.ai/events/40802-rupiah-tembus-rp-15-000-per-dollar-as-apa-dampaknya-ke-perekonomian-indonesia.md) | -1.3% | -9.0% |
| PALMOIL | 2024-04-04 | [Brent Oil Futures Hit $90 a Barrel for First Time Since October - Bloomberg](https://feedsoft.ai/events/30897-brent-oil-futures-hit-90-a-barrel-for-first-time-since-october-bloomberg.md) | -1.6% | -12.9% |
| PALMOIL | 2026-06-18 | [China's yuan weakens to one-week low on strong dollar, Fed hike bets weigh - Markets - Business Recorder](https://feedsoft.ai/events/8413-china-s-yuan-weakens-to-one-week-low-on-strong-dollar-fed-hike-bets-weigh.md) | -0.2% | +0.0% |
| PALMOIL | 2025-04-21 | [Ringgit soars to nearly six-month high due to weak sentiments over US assets \| The Star](https://feedsoft.ai/events/25386-ringgit-soars-to-nearly-six-month-high-due-to-weak-sentiments-over-us-assets.md) | +0.3% | -3.8% |
| PALMOIL | 2021-03-08 | [VEGOILS-Palm oil rises nearly 4% to two-month high as crude, soyoil rally By Reuters](https://feedsoft.ai/events/6562-vegoils-palm-oil-rises-nearly-4-to-two-month-high-as-crude-soyoil-rally-by.md) | +6.6% | -1.7% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2022-08-11/indonesia-s-rupiah-seen-rising-to-one-year-high-as-funds-return

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