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The rupiah was down 8.45% year to date and traded at Rp18,077 per dollar on November 6. An economist cited a US$500 million inflow into Indonesian bonds in October and said easing geopolitical tensions and restored refining capacity could eventually increase global oil supply, though diesel distribution and refinery constraints may slow the fall in inflation.
The rupiah’s weakness can make imported feed ingredients and energy more expensive in local currency, while bond inflows offer some support for the currency. A potential increase in oil supply could weigh on crude prices, but the article describes this as a possibility rather than an immediate shift.
cnbcindonesia.comDovana HasianaNov 6, 2026Not enough comparable past events yet for a historical read.
After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.
After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
