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The Indonesian rupiah closed slightly stronger against the US dollar at Rp18,135 on November 3, up 0.03% from the prior close, after trading as weak as Rp18,165 intraday. Investors were awaiting the US midterm elections, and Bank Indonesia was expected to consider further rate hikes amid rupiah pressure.
A weak rupiah raises the local-currency cost of imported feed ingredients such as soybean meal and corn, supporting import prices for Indonesian feed buyers.
finance.aseancoverage.comMaya SantosNov 3, 2026
cnbcindonesia.comElaine TairioNov 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.
