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USD/IDR traded around 18,200 on Wednesday, extending gains for a third day as the rupiah weakened on domestic concerns. Finance Minister Suahasil Nazara cut the 2026 growth projection to 5.4%–5.5% from 5.6%–6%, ahead of Q3 GDP data due Thursday.
Oil prices, rising imports and volatile export revenues add to pressure, while broad dollar weakness after the US midterm elections limits the move.
Slower Indonesian growth and a weaker rupiah can reduce demand for imported feed and raise import costs for livestock and poultry producers. Higher energy prices also add to feed production and transport costs.
fxstreet.comNov 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.
