
The rupiah opened at Rp18,125 per US dollar on November 2, 2026, weakening 0.03% from Friday's close, while the dollar index rose 0.04% to 101.917. Indonesia's October manufacturing PMI rose to 54.0, its highest in eight months, driven by a surge in new orders and export orders.
A firmer dollar and a weaker rupiah modestly raise the local-currency cost of imported feed ingredients priced in USD, though the strong manufacturing data supports Indonesian demand for feed.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
Not 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.