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The rupiah has stayed above 18,000 per US dollar since early November, reaching about 18,161 on November 2. Economists link the decline to a stronger dollar, Middle East escalation, high oil prices and expectations of tighter US monetary policy.
They also cite domestic pressure from foreign selling after MSCI raised doubts about Indonesian equities.
Currency weakness makes imported feed ingredients more expensive for Indonesian compounders, which can feed through to local feed and livestock costs. The impact on global prices is limited.
money.kompas.comNov 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.
