# The Rupiah Has Weakened 8%, But There Is Good News!

> 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.

- Date: 2026-11-06 · published 2026-11-07T00:14:53.449Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/85089-the-rupiah-has-weakened-8-but-there-is-good-news
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

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.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼
- USDIDR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2021-11-23 | [Indian bonds, rupee weaken on Jerome Powell’s new term at U.S. Federal Reserve - The Hindu](https://feedsoft.ai/events/44317-indian-bonds-rupee-weaken-on-jerome-powell-s-new-term-at-u-s-federal-reserve.md) | -13.8% | -7.3% |
| WTI | 2020-03-27 | [Canadian Dollar Weakened but Not Headed for Historical Lows - RBC Economics](https://feedsoft.ai/events/54355-canadian-dollar-weakened-but-not-headed-for-historical-lows-rbc-economics.md) | +37.1% | -32.8% |
| WTI | 2018-05-26 | [Loonie sinks to two-week low: Is this the start of another big drop? \| CBC News](https://feedsoft.ai/events/65242-loonie-sinks-to-two-week-low-is-this-the-start-of-another-big-drop-cbc-news.md) | -4.6% | +2.0% |
| WTI | 2019-06-05 | [The Fed is ready to cut rates as needed - Mansfield Energy](https://feedsoft.ai/events/10751-the-fed-is-ready-to-cut-rates-as-needed-mansfield-energy.md) | -0.4% | +4.8% |
| WTI | 2023-07-03 | [Colombian Peso To Weaken Slightly In H223, But Will Retain M](https://feedsoft.ai/events/35315-colombian-peso-to-weaken-slightly-in-h223-but-will-retain-m.md) | +3.4% | +15.8% |
| BRENT | 2018-11-29 | [Rupee closes at 69.85 a dollar after 3 months of weak run in the 70s \| News on Markets - Business Standard](https://feedsoft.ai/events/62319-rupee-closes-at-69-85-a-dollar-after-3-months-of-weak-run-in-the-70s-news-on.md) | +5.8% | -11.2% |
| BRENT | 2022-02-16 | [How will the Russia-Ukraine crisis, US Fed affect rupee? \| News on Markets - Business Standard](https://feedsoft.ai/events/42988-how-will-the-russia-ukraine-crisis-us-fed-affect-rupee-news-on-markets-business.md) | +2.0% | +7.0% |
| BRENT | 2022-12-08 | [Explainer: What happened to the 2022 global oil rally? \| Reuters](https://feedsoft.ai/events/38396-explainer-what-happened-to-the-2022-global-oil-rally-reuters.md) | +7.6% | +0.4% |

## Sources

- cnbcindonesia.com: https://www.cnbcindonesia.com/market/20261106163019-17-783058/rupiah-sudah-melemah-8-tapi-ada-kabar-baik

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