# USD/IDR Price News: Rupiah buyers flirt with $14,350 as Indonesia tackles coal supply crunch — Octa

> The rupiah traded near 14,350 per dollar as Indonesia's senior minister said the domestic coal supply emergency was over. Palm oil prices rose for a third straight week, supporting the currency, while a pullback in US yields also weighed on the dollar.

- Date: 2022-01-07 · published 2022-01-07T12:00:00.000Z
- Category: market · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/43449-usd-idr-price-news-rupiah-buyers-flirt-with-14-350-as-indonesia-tackles-coal
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Stronger palm oil prices improve Indonesia's export earnings and support the rupiah, which lowers the cost of imported feed. Coal supply normalisation reduces domestic energy stress.

## Read by commodity

- USDIDR: bearish ▼
- PALMOIL: bullish ▲

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/945633/

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