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The rupiah closed weaker at 18,156 per dollar on Monday, down from 18,147, with JISDOR at 18,161. Analysts linked the move to Iran-US diplomacy and uncertainty over whether Trump will resume military action after the midterms.
Currency weakness in Indonesia raises import costs for feed raw materials, while geopolitical risk around Iran also feeds energy and freight costs.
liputan6.comArthur GideonNov 2, 2026Not enough comparable past events yet for a historical read.
After 656 past bullish geopolitics events, BRENT moved a median +1.9% over 5 sessions (63% higher; middle half -2.7% to +6.6%), and +0.7% over 20.
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.
