# Indonesian Rupiah declines following mixed economic data

> The rupiah weakened on November 2 after Indonesia reported a September trade surplus of $3.36 billion, well above the $1.9 billion forecast, with export growth of 11.87%. October inflation eased to 3.23%, slightly below expectations. USD/IDR traded near 18,180 as dollar demand was supported by high odds of a Fed hike.

- Date: 2026-11-02 · published 2026-11-02T09:11:41.027Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/75284-indonesian-rupiah-declines-following-mixed-economic-data
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Currency weakness raises the import cost of feed ingredients priced in dollars for Indonesian buyers. Strong export growth and a trade surplus support the economy, but the rupiah's direction still points to higher local feed costs.

## Read by commodity

- DXY: bullish ▲
- USDIDR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-10-29 | [Rupiah Potentially Weakens Driven by US Economic Data](https://feedsoft.ai/events/28177-rupiah-potentially-weakens-driven-by-us-economic-data.md) | -0.2% | +2.1% |
| DXY | 2025-02-01 | [India rupee declines past 86/USD on resilient US economy, weak inflows](https://feedsoft.ai/events/26784-india-rupee-declines-past-86-usd-on-resilient-us-economy-weak-inflows.md) | -0.0% | -0.6% |
| DXY | 2024-10-28 | [Asian currencies: Indonesian rupiah, ringgit fall - Business & Finance - Business Recorder](https://feedsoft.ai/events/28133-asian-currencies-indonesian-rupiah-ringgit-fall-business-and-finance-business.md) | +0.2% | +1.9% |
| DXY | 2021-02-26 | [US Dollar Index (DXY) Surges on Market Selloff, Strong Economic Data](https://feedsoft.ai/events/10600-us-dollar-index-dxy-surges-on-market-selloff-strong-economic-data.md) | +0.7% | +1.9% |
| DXY | 2024-08-28 | [US dollar advances on month-end demand; focus on economic data](https://feedsoft.ai/events/28982-us-dollar-advances-on-month-end-demand-focus-on-economic-data.md) | +0.5% | -0.3% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/indonesian-rupiah-declines-following-mixed-economic-data-202611020610
- tmgmapac.com: https://www.tmgmapac.com/eng/analysis/market-news/article/indonesian-rupiah-declines-following-mixed-economic-data-202611020610
- tmgmasia.com: https://www.tmgmasia.com/eng/analysis/market-news/article/indonesian-rupiah-declines-following-mixed-economic-data-202611020610

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