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The rupiah opened at 18,160 per US dollar on Tuesday, 3 November, weakening 0.22% from the previous close. Analysts attributed the pressure to weak equity market sentiment following the MSCI reclassification controversy.
The currency is expected to trade between 18,100 and 18,200.
A weaker rupiah raises the local-currency cost of imported feed ingredients such as soybean meal, corn and fishmeal for Indonesian buyers. Capital outflows tied to the MSCI decision are the main near-term driver.
katadata.co.idAde RosmanNov 3, 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.
