# USD/IDR Price News: Rupiah slips from two-month high to 15,000 on downbeat Indonesia inflation: Analytics and Market news from 3 April 2023 05:05

> The rupiah slipped from a two-month high to around 15,000 per US dollar on April 3, 2023, after Indonesian March inflation eased to 4.97% year on year, below the 5.17% expected. Analysts also cited risk-off sentiment after OPEC+ announced a surprise output cut of about 1.16 million barrels per day.

- Date: 2023-04-03 · published 2023-04-03T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/36718-usd-idr-price-news-rupiah-slips-from-two-month-high-to-15-000-on-downbeat
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

The OPEC+ cut raised oil-driven inflation fears and supported the dollar, which weakens the rupiah and raises the local cost of imported feed. Softer Indonesian inflation partly offset that pressure.

## Read by commodity

- BRENT: bullish ▲
- USDIDR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-09-10 | [Diesel Price Record High, North Dakota Grain Car Orders Exceed 1,000 \| Grain Transportation Report - News and Statistics - IndexBox](https://feedsoft.ai/events/17638-diesel-price-record-high-north-dakota-grain-car-orders-exceed-1-000-grain.md) | +10.5% | +6.7% |
| BRENT | 2022-05-17 | [Stronger U.S. dollar contributes to higher crude oil prices in international markets -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/41586-stronger-u-s-dollar-contributes-to-higher-crude-oil-prices-in-international.md) | -0.2% | +9.4% |
| BRENT | 2022-11-10 | [Oil prices settle 1% higher on tepid U.S. inflation data \| Reuters](https://feedsoft.ai/events/38852-oil-prices-settle-1-higher-on-tepid-u-s-inflation-data-reuters.md) | -0.1% | -16.9% |
| BRENT | 2026-07-23 | [Japan core inflation rate in June creeps up from 4-year low as higher oil prices bite](https://feedsoft.ai/events/18586-japan-core-inflation-rate-in-june-creeps-up-from-4-year-low-as-higher-oil.md) | -2.9% | -2.2% |
| BRENT | 2026-04-30 | [Rupee hits record low: Analysts flag 96-97 levels as oil, Fed stance weigh \| Markets News - Business Standard](https://feedsoft.ai/events/20009-rupee-hits-record-low-analysts-flag-96-97-levels-as-oil-fed-stance-weigh.md) | -15.3% | -21.9% |

## Sources

- teletrade.org: https://www.teletrade.org/analytics/market-analysis/market-news/3852475

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