# USD/IDR Price News: Rupiah bulls cheer upbeat Indonesia Consumer Confidence above $14,300 — Octa

> The rupiah fell for a third day to near 14,330 per dollar after Indonesia's Consumer Confidence Index rose to 118.5 in November, its highest since January 2020. Broad US dollar weakness and improved risk appetite also weighed on the pair.

- Date: 2021-12-08 · published 2021-12-08T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/43891-usd-idr-price-news-rupiah-bulls-cheer-upbeat-indonesia-consumer-confidence
- 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 cost of dollar-priced feed imports, while improved domestic sentiment points to steadier demand for poultry and livestock feed.

## Read by commodity

- DXY: bearish ▼
- USDIDR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-11-15 | [USD/IDR Price News: Rupiah struggles to cheer upbeat Indonesia trade data near $14,200-News-WikiFX](https://feedsoft.ai/events/44357-usd-idr-price-news-rupiah-struggles-to-cheer-upbeat-indonesia-trade-data-near.md) | +0.6% | +1.2% |
| DXY | 2021-08-31 | [USD/INR Price News: Rupee rises towards 73.00 as India coronavirus fatalities ease — Octa](https://feedsoft.ai/events/45839-usd-inr-price-news-rupee-rises-towards-73-00-as-india-coronavirus-fatalities.md) | -0.2% | +0.9% |
| DXY | 2023-08-31 | [USD/JPY remains depressed near 146.00, eyes US PCE Price Index for fresh impetus — Octa](https://feedsoft.ai/events/34827-usd-jpy-remains-depressed-near-146-00-eyes-us-pce-price-index-for-fresh-impetus.md) | +1.8% | +2.3% |
| DXY | 2017-02-06 | [Currency of Indonesia: Rupiah versus US Dollar on Monday \| Indonesia Investments](https://feedsoft.ai/events/72809-currency-of-indonesia-rupiah-versus-us-dollar-on-monday-indonesia-investments.md) | +0.5% | +0.7% |
| DXY | 2024-02-29 | [Japanese Yen eases from over one-week high, bulls turn cautious ahead of US PCE Price Index](https://feedsoft.ai/events/31912-japanese-yen-eases-from-over-one-week-high-bulls-turn-cautious-ahead-of-us-pce.md) | -0.5% | -0.1% |

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/940989/

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