# Rupiah slips to Rp 18,170 as IHSG weakens 0.28 percent - MacroHerald

> The rupiah weakened to Rp18,170 per US dollar on Wednesday morning, November 1, while the IHSG stock index fell 0.28%. Analysts linked the pressure to the US dollar index, crude oil prices that strain state FX reserves, and foreign selling tied to MSCI sentiment, and one analyst's end-2026 range was Rp17,800 to Rp18,200.

- Date: 2026-11-01 · published 2026-11-02T03:11:10.820Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/74719-rupiah-slips-to-rp-18-170-as-ihsg-weakens-0-28-percent-macroherald
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Higher crude prices and a stronger dollar raise import costs and weaken the rupiah, which lifts the local cost of imported feed for Indonesian buyers. The move is modest and mostly a currency story.

## Read by commodity

- WTI: bullish ▲
- USDIDR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-05-29 | [Rupiah Stuck Near Rp 18,000 as Oil Shock, Dollar Rally Bite](https://feedsoft.ai/events/19562-rupiah-stuck-near-rp-18-000-as-oil-shock-dollar-rally-bite.md) | +7.3% | -15.3% |
| WTI | 2017-11-22 | [Rupee slips from 2 week high as crude spurts \| Rupee slips from 2 week high as crude spurts](https://feedsoft.ai/events/68261-rupee-slips-from-2-week-high-as-crude-spurts-rupee-slips-from-2-week-high-as.md) | +0.8% | +2.2% |
| WTI | 2023-09-25 | [Colombian Peso ($COP) Up 22% as President Petro Weakens - Bloomberg](https://feedsoft.ai/events/34399-colombian-peso-cop-up-22-as-president-petro-weakens-bloomberg.md) | +0.9% | -1.1% |
| WTI | 2026-10-01 | [Rand weakens to three month low as stronger dollar and oil price weigh on South Africa](https://feedsoft.ai/events/17339-rand-weakens-to-three-month-low-as-stronger-dollar-and-oil-price-weigh-on-south.md) | -2.3% | +12.3% |
| WTI | 2017-02-01 | [Oil Rises To 3-Week High as Dollar Slips, OPEC Cuts Output \| Stock News & Stock Market Analysis - IBD](https://feedsoft.ai/events/72672-oil-rises-to-3-week-high-as-dollar-slips-opec-cuts-output-stock-news-and-stock.md) | -1.1% | +2.0% |

## Sources

- macroherald.com: https://www.macroherald.com/rupiah-slips-to-rp-18170-as-ihsg-weakens-0-28-percent/

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