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The rupiah closed 0.02% weaker at Rp18,160 per US dollar on Tuesday, up from Rp18,156. Analysts attributed the moves to investor attention on the US midterm elections on November 3 and a packed schedule of US economic data.
Feed importers in Indonesia pay for USD-priced ingredients, so a small currency move has only a marginal effect on landed costs. The main driver here is external event risk rather than a feed-specific change.
antaranews.comM Baqir Idrus AlatasNov 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.
