# Danamon Economist: geopolitics, not MSCI, hits rupiah most

> Bank Danamon chief economist Irman Faiz said escalating Middle East tensions were a bigger driver of rupiah weakness than the pending MSCI review of Indonesia’s market status. He said geopolitical risk can lift oil prices and inflation, support higher-for-longer interest rates and strengthen the dollar, while MSCI’s final decision is not due until June 2027.

- Date: 2026-11-07 · published 2026-11-08T09:11:51.643Z
- Category: geopolitics · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/87342-danamon-economist-geopolitics-not-msci-hits-rupiah-most
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Higher oil prices and a stronger dollar can pressure Indonesia’s currency and raise the local cost of imported feed and other commodities. The article describes a broad risk channel rather than a direct change in feed supply or demand.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲
- USDIDR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2022-01-31 | [Supply, geopolitics put oil on track - Markets - Business Recorder](https://feedsoft.ai/events/43296-supply-geopolitics-put-oil-on-track-markets-business-recorder.md) | +4.7% | +8.3% |
| BRENT | 2019-04-07 | [World Commodities - Pakistan & Gulf Economist Weekly Magazine](https://feedsoft.ai/events/11378-world-commodities-pakistan-and-gulf-economist-weekly-magazine.md) | +2.0% | +2.1% |
| BRENT | 2023-10-13 | [Oil prices jump nearly 6% amid geopolitical tensions, post best day since April](https://feedsoft.ai/events/9282-oil-prices-jump-nearly-6-amid-geopolitical-tensions-post-best-day-since-april.md) | +6.4% | -7.2% |
| BRENT | 2020-04-09 | [The Red Sea Economic Times – April 9 \| The New Silk Road Monitor](https://feedsoft.ai/events/53539-the-red-sea-economic-times-april-9-the-new-silk-road-monitor.md) | -20.8% | -7.2% |
| BRENT | 2019-05-01 | [How the US move on Iran oil could hit India's basmati rice exports \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/59033-how-the-us-move-on-iran-oil-could-hit-india-s-basmati-rice-exports-economy-and.md) | -2.9% | -3.4% |
| WTI | 2022-01-31 | [Supply, geopolitics put oil on track - Markets - Business Recorder](https://feedsoft.ai/events/43296-supply-geopolitics-put-oil-on-track-markets-business-recorder.md) | +5.6% | +9.8% |
| WTI | 2019-04-07 | [World Commodities - Pakistan & Gulf Economist Weekly Magazine](https://feedsoft.ai/events/11378-world-commodities-pakistan-and-gulf-economist-weekly-magazine.md) | +1.2% | -1.3% |
| WTI | 2023-10-13 | [Oil prices jump nearly 6% amid geopolitical tensions, post best day since April](https://feedsoft.ai/events/9282-oil-prices-jump-nearly-6-amid-geopolitical-tensions-post-best-day-since-april.md) | +7.8% | -8.1% |

## Sources

- macroherald.com: https://www.macroherald.com/danamon-economist-geopolitics-not-msci-hits-rupiah-most/

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