Indonesian Rupiah: Softer inflation but currency risks linger – MUFG
Published . Updated .
Covered by 2 outlets: www.tmgm.com, FXStreet.
Key takeaways
- MUFG strategists note Indonesia’s October Consumer Price Index (CPI) and core inflation both surprised on the downside, giving Bank Indonesia (BI) limited inflation-based justification to tighten policy.
- Exposed: EIDO, CEW, EMB, EMLC, EEM
- Market reaction: price tracking starts with the next trading session.
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MUFG strategists note Indonesia’s October Consumer Price Index (CPI) and core inflation both surprised on the downside, giving Bank Indonesia (BI) limited inflation-based justification to tighten policy.
Directly affected
- No company is named in this report.
Indirectly affected
- XLF Financial Select Sector SPDR-1.6% 30d
Financial Select Sector SPDR: it holds banks. Linked by “bank” (banks) in this story.
- KRE SPDR S&P Regional Banking ETF-3.0% 30d
SPDR S&P Regional Banking ETF: it holds banks. Linked by “bank” (banks) in this story.
- XRT SPDR S&P Retail ETF
SPDR S&P Retail ETF: it holds retailers. Linked by “consumer” (retail and consumer goods) in this story.
- EIDO iShares MSCI Indonesia ETF-1.7% 6d
iShares MSCI Indonesia ETF holds stocks listed in Indonesia, which this story is about (“indonesian”).
- CEW WisdomTree Emerging Currency Strategy Fund
WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from Indonesia.
- EMB iShares J.P. Morgan USD Emerging Markets Bond ETF-1.9% 9d
iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in Indonesia
- EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-2.9% 30d
VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from Indonesia.
- EEM iShares MSCI Emerging Markets ETF+0.0% 30d
iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Indonesia
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| XLFNo price data for this ticker | — | — | — | — | — | — | — |
| KRENo price data for this ticker | — | — | — | — | — | — | — |
| XRTNo price data for this ticker | — | — | — | — | — | — | — |
| EIDO | +8.34% | +3.37% | base | after close | after close | after close | after close |
| CEW | +0.00% | +0.00% | base | after close | after close | after close | after close |
| EMB | +0.26% | +0.57% | base | after close | after close | after close | after close |
| EMLC | +0.63% | +0.43% | base | after close | after close | after close | after close |
| EEM | +3.96% | -0.13% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Indonesian Rupiah: Softer inflation but currency risks linger – MUFG www.tmgm.com
Source: www.tmgm.com
How far Ishares Tr (EIDO) has moved since 3 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Wisdomtree Tr (CEW) | three days earlier | 0.00% | final price |
| Wisdomtree Tr (CEW) | five days earlier | 0.00% | final price |
| Ishares Tr (EEM) | three days earlier | -0.13% | final price |
| Ishares Tr (EEM) | five days earlier | +3.96% | final price |
| Ishares Tr (EIDO) | three days earlier | +3.37% | final price |
| Ishares Tr (EIDO) | five days earlier | +8.34% | final price |
| Ishares Tr (EMB) | three days earlier | +0.57% | final price |
| Ishares Tr (EMB) | five days earlier | +0.26% | final price |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | three days earlier | +0.43% | final price |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | five days earlier | +0.63% | final price |
Who gains and who loses around Ishares Tr (EIDO)
Companies tied to this story
- EIDO Ishares Tr
In “Indonesian Rupiah: Softer inflation but currency risks linger – MUFG,” Ishares Tr (EIDO) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Indonesia ETF holds stocks listed in Indonesia, which this story is about (“indonesian”)
- CEW Wisdomtree Tr
In “Indonesian Rupiah: Softer inflation but currency risks linger – MUFG,” Wisdomtree Tr (CEW) is linked, with no stored direction, medium confidence. Reason on file: WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from Indonesia
- EMB Ishares Tr
Ishares Tr (EMB) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Indonesian Rupiah: Softer inflation but currency risks linger – MUFG.” Reason on file: iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in Indonesia
- EMLC Vaneck J. P. Morgan Em Local Currency Bond Etf
Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Indonesian Rupiah: Softer inflation but currency risks linger – MUFG.” Reason on file: VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from Indonesia
- EEM Ishares Tr
In “Indonesian Rupiah: Softer inflation but currency risks linger – MUFG,” Ishares Tr (EEM) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Indonesia
Ishares Tr (EIDO)
The 3 Nov 2026 story “Indonesian Rupiah: Softer inflation but currency risks linger – MUFG” names Ishares Tr (EIDO) because of this story.
What ties Ishares Tr (EIDO) to the headline is this: iShares MSCI Indonesia ETF holds stocks listed in Indonesia, which this story is about (“indonesian”)
Also listed, Wisdomtree Tr (CEW): WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from Indonesia
Dates in the story, and the Ishares Tr (EIDO) price range
EIDO traded between 11.63 and 11.99 across 6 sessions. The latest close on file is 11.73. EMB traded between 90.23 and 91.35 across 6 sessions. The latest close on file is 91.26.
What the saved facts support for Ishares Tr (EIDO)
47 out of 100
“Indonesian Rupiah: Softer inflation but currency risks linger – MUFG” scores 47 out of 100. The score uses 2 sources, and 5 linked companies.