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The Indonesian rupiah closed 0.02% weaker at Rp18,160 per US dollar on November 3, 2026, while the dollar index eased 0.07% to 101.67. Brent crude rose 1.67% to $106.52 per barrel and remained above $100.
Higher oil prices raise Indonesia's fiscal pressure and import costs, weighing on the rupiah and its purchasing power for imported feed inputs. Elevated energy costs also feed into freight and fertilizer prices for feed buyers.
market.bisnis.comAkbar Maulana al IshaqiNov 3, 2026After 323 past bullish macro events, BRENT moved a median +0.7% over 5 sessions (58% higher; middle half -2.9% to +3.7%), and +1.3% over 20.
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.
