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The rupiah closed 0.05% weaker at Rp18,156 per US dollar on Monday, 2 November 2026, with the Bank Indonesia reference rate at Rp18,161. Analysts linked the pressure to US President Trump's preference for more time for Iran diplomacy before any renewed military action, which kept the event risk around the US midterm elections in focus.
Geopolitical risk supports oil prices, which raises import costs and currency pressure for Indonesian feed buyers. The effect on feed commodity prices is indirect.
ekbis.sindonews.comAnggie AriestaNov 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.
