# Rupiah strengthens amid rekindling of US-China trade war - ANTARA News

> The rupiah strengthened marginally to Rp14,092 per US dollar on Thursday amid renewed US-China trade tensions. Traders cited plans for a second tax amnesty program as a domestic support, while concerns grew after Trump signed Hong Kong protester bills that China opposed.

- Date: 2019-11-28 · published 2019-11-28T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/56386-rupiah-strengthens-amid-rekindling-of-us-china-trade-war-antara-news
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A stronger rupiah modestly lowers the local cost of imported feed ingredients such as soybean meal and corn, but the move is small and the trade-tension backdrop adds volatility for Indonesian feed buyers.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- en.antaranews.com: https://en.antaranews.com/news/137371/rupiah-strengthens-amid-rekindling-of-us-china-trade-war

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