# Currency News: Indonesia's Rupiah Appreciating Sharply vs US Dollar | Indonesia Investments

> The rupiah strengthened sharply against the US dollar on January 5, 2017, rising 0.83% to about IDR 13,328 per dollar. The move followed a retreat of the dollar from a near 14-year peak against major currencies, ahead of the Federal Reserve's December policy minutes. The yuan also rallied after two days of sharp weakness.

- Date: 2017-01-05 · published 2017-01-05T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/73289-currency-news-indonesia-s-rupiah-appreciating-sharply-vs-us-dollar-indonesia
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A stronger rupiah lowers the local cost of imported feed inputs and raises Indonesian buying power, though the effect on global feed prices is small. The move reflects broader dollar swings that can shift emerging-market import costs.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- indonesia-investments.com: https://www.indonesia-investments.com/news/todays-headlines/currency-news-indonesia-s-rupiah-appreciating-sharply-vs-us-dollar/item7494

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