# USD/IDR Price News: Rupiah seesaws around $14,400 on upbeat Indonesia trade data, budget proposal — Octa

> The rupiah traded around 14,385 per dollar on May 20, 2021, with little clear direction. Indonesia reported a April trade surplus of $2.19 billion, with exports and imports both stronger than expected, and the finance minister proposed a 2022 budget with a rupiah assumption of 13,900 to 15,000.

- Date: 2021-05-20 · published 2021-05-20T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/47402-usd-idr-price-news-rupiah-seesaws-around-14-400-on-upbeat-indonesia-trade-data
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A stronger trade surplus supports the rupiah, but Fed tapering talk and risk-off sentiment offset that effect. Currency moves like this affect the cost of Indonesian imports such as soybean meal and wheat, though the net pressure is small.

## Read by commodity

- USDIDR: neutral

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/901921/

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