# Rupiah Forecast to Slide Through Year-End on Oil Prices and MSCI

> INDEF senior economist Tauhid Ahmad expects the rupiah to stay between 18,000 and 18,100 per dollar through year-end. He cites high global oil prices and foreign investor sentiment toward Indonesian stocks following the MSCI report as key drivers.

- Date: 2026-11-03 · published 2026-11-03T09:11:36.698Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/77415-rupiah-forecast-to-slide-through-year-end-on-oil-prices-and-msci
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A persistently weak rupiah keeps imported feed ingredient costs high for Indonesian buyers, and elevated oil prices feed into freight and energy costs.

## Read by commodity

- BRENT: bullish ▲
- USDIDR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2021-10-15 | [Oil prices rise to three-year high on back of supply deficit forecasts](https://feedsoft.ai/events/44716-oil-prices-rise-to-three-year-high-on-back-of-supply-deficit-forecasts.md) | +0.8% | -0.9% |
| BRENT | 2024-01-18 | [Oil prices rise on global demand forecasts, US crude stock draw](https://feedsoft.ai/events/32278-oil-prices-rise-on-global-demand-forecasts-us-crude-stock-draw.md) | +3.5% | +5.9% |
| BRENT | 2024-01-30 | [Crude oil prices today: WTI, Brent rise after IMF forecast](https://feedsoft.ai/events/32274-crude-oil-prices-today-wti-brent-rise-after-imf-forecast.md) | -5.5% | +0.1% |
| BRENT | 2017-04-12 | [Syria, OPEC, and Oil Prices](https://feedsoft.ai/events/71674-syria-opec-and-oil-prices.md) | -5.0% | -11.4% |
| BRENT | 2020-11-09 | [Oil prices are surging on hopes that a vaccine will end lockdowns \| Fortune](https://feedsoft.ai/events/11797-oil-prices-are-surging-on-hopes-that-a-vaccine-will-end-lockdowns-fortune.md) | +8.7% | +26.9% |

## Sources

- finance.detik.com: https://finance.detik.com/bursa-dan-valas/d-8736255/rupiah-diramal-anjlok-sampai-akhir-tahun-harga-minyak-msci-biang-keroknya

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