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The rupiah opened Monday, November 2, at Rp18,155 per US dollar, weakening 0.04%, and most Asian currencies also slipped against the dollar. Analysts expected falling crude oil prices on hopes of US-Iran peace talks to offer some support, while weak domestic sentiment from foreign stock selling kept pressure on the currency.
A weaker rupiah raises the local-currency cost of imported feed ingredients for Indonesian buyers, while lower oil prices would ease that pressure. The move is small and routine, so it has little direct effect on global feed prices.
cnnindonesia.comNov 2, 2026Not enough comparable past events yet for a historical read.
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.
