# USD/IDR Price News: Indonesian rupiah stays on the front-foot near two-week high — Octa

> The rupiah held near a two-week high against the dollar, with USD/IDR trading around 14,547 on July 28. Indonesia's finance minister proposed raising the 2021 fiscal deficit assumption to 5.2% of GDP, and national COVID-19 cases passed 100,000.

- Date: 2020-07-28 · published 2020-07-28T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/52414-usd-idr-price-news-indonesian-rupiah-stays-on-the-front-foot-near-two-week-high
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Expanded fiscal deficit plans and a firmer rupiah reflect currency-market sentiment, with limited direct impact on feed commodity prices.

## Read by commodity

- USDIDR: neutral

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/838675/

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