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The rupiah extended its weakness against the US dollar, closing spot at 18,160 per dollar, down 0.02% on the day, while the Bank Indonesia Jisdor reference rate showed a 0.07% gain to 18,148. Analysts attributed pressure to a strong dollar index amid cautious positioning on the Federal Reserve's rate path, which is slowing demand for risk assets.
A weaker rupiah raises the local-currency cost of imported feed ingredients such as soybean meal and corn for Indonesian buyers, while a firmer dollar tends to weigh on dollar-denominated grain prices.
insight.kontan.co.idVatrischa Putri NurNov 3, 2026Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, DXY moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
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.
