# USD/IDR Price News: Rupiah stays below $14,300 on downbeat Indonesia Trade Balance — Octa

> The rupiah traded near 14,320 per dollar as Indonesia's November trade surplus shrank to $3.51 billion from $5.74 billion, with imports rising faster than expected. Traders also awaited the Federal Open Market Committee decision and its signals on faster tapering and 2022 rate hikes.

- Date: 2021-12-15 · published 2021-12-15T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/43889-usd-idr-price-news-rupiah-stays-below-14-300-on-downbeat-indonesia-trade
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A narrower trade surplus weakens support for the rupiah, and a hawkish Fed would add dollar strength, both of which raise the cost of dollar-priced feed imports for Indonesian buyers.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/942075/

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