# Indonesian Rupiah: External headwinds and MSCI risks – OCBC

> OCBC strategists remain cautious on the Indonesian rupiah and forecast USD/IDR at 18,100 by end-2026, peaking at 18,200 in 1Q27 before easing to 17,850 by end-2027. They cite MSCI index review uncertainty, elevated oil prices and possible further Fed tightening as pressures.

- Date: 2026-11-02 · published 2026-11-02T21:14:06.301Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/75978-indonesian-rupiah-external-headwinds-and-msci-risks-ocbc
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A weaker rupiah and higher oil costs would raise import bills for Indonesian feed and fertiliser buyers. The outlook is a currency forecast with no direct supply change for feed commodities.

## Sources

- fxstreet.com: https://www.fxstreet.com/news/indonesian-rupiah-external-headwinds-and-msci-risks-ocbc-202611021957

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