# Indonesia | Why the rupiah slide won’t turn into a freefall | Oxford Economics

> Oxford Economics expects the rupiah to weaken a further 0.8% by year-end because of US dollar strength driven by growth and rate differentials. It does not expect a sharp sell-off, and it sees the currency returning to an appreciating trend next year as growth rebounds.

- Date: 2021-04-20 · published 2021-04-20T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/47912-indonesia-why-the-rupiah-slide-won-t-turn-into-a-freefall-oxford-economics
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Continued rupiah weakness would keep dollar-priced feed ingredient costs high for Indonesian buyers. The forecast suggests the pressure is gradual rather than a sudden spike.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- oxfordeconomics.com: https://www.oxfordeconomics.com/resource/indonesia-why-the-rupiah-slide-wont-turn-into-a-freefall/

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