# The Fed Naikkan Suku Bunga, Nilai Tukar Rupiah Menguat

> The rupiah strengthened 0.59% to about 14,921 per US dollar on July 28, 2022, moving away from the 15,000 level. Market analysts attributed the gain to expectations that the Fed would slow the pace of its rate hikes, which weakened the dollar index.

- Date: 2022-07-28 · published 2022-07-28T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/40797-the-fed-naikkan-suku-bunga-nilai-tukar-rupiah-menguat
- 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 firmer rupiah lowers the local-currency cost of imported feed ingredients, while a softer dollar index generally supports dollar-denominated commodity prices.

## Read by commodity

- DXY: bearish ▼
- USDIDR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-01-31 | [The Fed Tahan Suku Bunga, Rupiah Menguat](https://feedsoft.ai/events/61386-the-fed-tahan-suku-bunga-rupiah-menguat.md) | +0.1% | +0.4% |
| DXY | 2023-12-15 | [Rupiah menguat ditopang surplus neraca perdagangan - ANTARA News](https://feedsoft.ai/events/33017-rupiah-menguat-ditopang-surplus-neraca-perdagangan-antara-news.md) | -0.2% | +0.8% |
| DXY | 2021-09-06 | [Dolar AS Terpuruk! Tapi Tak Menjamin Rupiah Menguat Pekan Ini](https://feedsoft.ai/events/45364-dolar-as-terpuruk-tapi-tak-menjamin-rupiah-menguat-pekan-ini.md) | +0.4% | +1.5% |
| DXY | 2022-12-02 | [Mantapnya Rupiah, Menguat 2% dalam 2 Hari](https://feedsoft.ai/events/38528-mantapnya-rupiah-menguat-2-dalam-2-hari.md) | +0.3% | -0.5% |
| DXY | 2023-04-13 | [Rupiah ditutup menguat usai rilis risalah rapat FOMC AS - ANTARA News](https://feedsoft.ai/events/36716-rupiah-ditutup-menguat-usai-rilis-risalah-rapat-fomc-as-antara-news.md) | +0.3% | -0.4% |

## Sources

- money.kompas.com: https://money.kompas.com/read/2022/07/28/172000326/the-fed-naikkan-suku-bunga-nilai-tukar-rupiah-menguat

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