# Mata Uang Asia Keroyok Dolar AS, Rupiah jadi Runner Up

> On August 27, the rupiah and most Asian currencies reversed to strengthen against the US dollar in afternoon trading. The rupiah closed at Rp14,650 per dollar, up 0.14%, with traders focused on Fed Chair Powell's upcoming Jackson Hole speech on monetary policy framework.

- Date: 2020-08-27 · published 2020-08-27T12:00:00.000Z
- Category: market · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/51927-mata-uang-asia-keroyok-dolar-as-rupiah-jadi-runner-up
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Dollar moves tied to Fed policy influence the cost of dollar-priced grain and oilseed imports for Asian feed buyers. This is routine intraday currency commentary with no new supply or demand driver for agricultural commodities.

## Read by commodity

- DXY: neutral
- USDIDR: bearish ▼

## Sources

- cnbcindonesia.com: https://www.cnbcindonesia.com/market/20200827152932-17-182492/mata-uang-asia-keroyok-dolar-as-rupiah-jadi-runner-up

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