# Indonesian Rupiah Advances as Easing Oil Prices Weigh on USD/IDR

> USD/IDR fell toward 18,100 as oil prices retreated after U.S. President Donald Trump said further military action against Iran was highly unlikely if progress continued and the Strait of Hormuz remained open. Strong U.S. jobs data and market expectations of a December Fed rate hike continued to support the dollar, while Indonesia’s central bank was reported to be intervening to curb currency volatility.

- Date: 2026-11-09 · published 2026-11-09T09:12:54.312Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/89196-indonesian-rupiah-advances-as-easing-oil-prices-weigh-on-usd-idr
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Lower oil prices can ease Indonesia’s energy import and fiscal pressures, supporting the rupiah and weighing on USD/IDR. The strong U.S. labor report and rate-hike expectations counter that effect by supporting the dollar.

## Read by commodity

- WTI: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2021-08-30 | [USD/CAD Falls on Easing PPI, Energy Prices Come Into Focus](https://feedsoft.ai/events/45796-usd-cad-falls-on-easing-ppi-energy-prices-come-into-focus.md) | +0.8% | +9.7% |
| WTI | 2026-05-29 | [BRL Strengthens Slightly on Strong GDP and Easing Oil Prices](https://feedsoft.ai/events/19461-brl-strengthens-slightly-on-strong-gdp-and-easing-oil-prices.md) | +4.6% | -23.5% |
| WTI | 2026-08-28 | [Dollar Strength and Increased Middle East Oil Flows Weigh on Crude Prices](https://feedsoft.ai/events/18056-dollar-strength-and-increased-middle-east-oil-flows-weigh-on-crude-prices.md) | +9.2% | +13.1% |
| WTI | 2024-02-29 | [Oil inches down as US inflation data, rising OPEC output weigh \| Reuters](https://feedsoft.ai/events/31835-oil-inches-down-as-us-inflation-data-rising-opec-output-weigh-reuters.md) | +0.8% | +3.5% |
| WTI | 2017-07-21 | [Oil prices sink on a report OPEC supply will rise in July](https://feedsoft.ai/events/70144-oil-prices-sink-on-a-report-opec-supply-will-rise-in-july.md) | +4.9% | +0.7% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/indonesian-rupiah-advances-as-easing-oil-prices-weigh-on-usd-idr-202611090846

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