# Rupiah Affected by Market Focus on US Midterm Elections

> 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.

- Date: 2026-11-03 · published 2026-11-03T12:10:56.159Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/77573-rupiah-affected-by-market-focus-on-us-midterm-elections
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

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.

## Sources

- antaranews.com: https://www.antaranews.com/berita/5828979/kurs-rupiah-dipengaruhi-perhatian-pasar-yang-tertuju-pemilu-sela-as

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.