# AS Sah Resesi! Jika Pasar Buka Rupiah Terbang Atau Tumbang?

> The US economy contracted 32.9% annualized in Q2 2020, the steepest drop on record, confirming a technical recession after a 5% Q1 decline. The US dollar index fell to about 92.8, its lowest in over two years, while the rupiah weakened 0.41% to 14,530 per dollar on July 30 after seven sessions of gains.

- Date: 2020-07-31 · published 2020-07-31T12:00:00.000Z
- Category: macro · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/52413-as-sah-resesi-jika-pasar-buka-rupiah-terbang-atau-tumbang
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A weaker dollar tends to support emerging-market currencies and firm dollar-denominated commodity prices, while a deep US recession signals weaker future feed demand from the US economy.

## Read by commodity

- DXY: bearish ▼
- USDIDR: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-02-20 | [Terungkap, Alasan yang Buat Rupiah Mampu Hajar Dolar AS!](https://feedsoft.ai/events/60895-terungkap-alasan-yang-buat-rupiah-mampu-hajar-dolar-as.md) | -0.5% | -0.4% |
| DXY | 2020-07-28 | [Rupiah Perkasa Terus Nih, Pakai Jamu Apa?](https://feedsoft.ai/events/52417-rupiah-perkasa-terus-nih-pakai-jamu-apa.md) | +0.4% | -0.4% |
| DXY | 2024-09-28 | [Ramai Kabar Genting, Rupiah Jatuh Bangun Lawan Dolar AS](https://feedsoft.ai/events/28624-ramai-kabar-genting-rupiah-jatuh-bangun-lawan-dolar-as.md) | +0.9% | +3.1% |
| DXY | 2023-12-07 | [Pasar Nantikan Data Cadangan Devisa RI, Gimana Nasib Rupiah?](https://feedsoft.ai/events/33019-pasar-nantikan-data-cadangan-devisa-ri-gimana-nasib-rupiah.md) | +0.5% | -1.0% |
| DXY | 2022-01-13 | [Indeks Dolar AS Jeblok Parah, Rupiah Siap Melesat!](https://feedsoft.ai/events/43451-indeks-dolar-as-jeblok-parah-rupiah-siap-melesat.md) | +0.1% | +0.2% |

## Sources

- cnbcindonesia.com: https://www.cnbcindonesia.com/market/20200731072255-17-176657/as-sah-resesi-jika-pasar-buka-rupiah-terbang-atau-tumbang

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