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The rupiah closed at Rp18,160 per US dollar on November 3, 2026, and was expected to stay under pressure on November 4. Indonesia's October 2026 inflation was 3.23% year on year, with food inflation at a five-month high linked to El Niño supply disruptions.
Investors were also cautious ahead of US monetary policy developments.
El Niño-driven food price pressure and a weaker rupiah both raise domestic feed input costs in Indonesia. Rising food inflation may also reflect tighter supply of grain and other feed-relevant commodities.
voi.idDidi KurniawanNov 4, 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.
