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The rupiah closed 4 points weaker at Rp18,160 per dollar on Monday, November 2, matching its opening level. The Bank Indonesia JISDOR midrate was Rp18,148, and traders were awaiting US midterm results and Federal Reserve guidance.
Rupiah weakness raises the cost of dollar-denominated feed imports for Indonesia, a major buyer of soybean meal and corn.
Not 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.