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The rupiah fell 0.05% to Rp18,156 per US dollar in spot trading on Monday, November 2, and the Bank Indonesia reference rate slipped 0.13% to Rp18,161. Net selling by foreign investors in the stock market and concerns about a possible downgrade of Indonesia's capital market status weighed on the currency.
Outflows and currency weakness raise import costs for Indonesian feed millers, and a capital market downgrade risk could further pressure the rupiah and local feed prices.
insight.kontan.co.idPrayogi IkhrawinataNov 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.
