# Rupiah Weakens to Rp18,155 Even as US Dollar Slides After Democratic Midterm Win

> The rupiah closed at Rp18,155 per US dollar on November 4, 20 points weaker than the prior session, while the dollar sold off globally after Democrats won control of both chambers of Congress in the November 3 midterms. Reuters reported the result could limit President Trump's policy agenda, and markets reacted with volatility in tech stocks.

- Date: 2026-11-04 · published 2026-11-04T12:10:20.902Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/79646-rupiah-weakens-to-rp18-155-even-as-us-dollar-slides-after-democratic-midterm-win
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Persistent rupiah weakness raises the cost of imported feed ingredients priced in dollars for Indonesian buyers, and raises the chance Bank Indonesia tightens policy. The divergence from a weaker dollar shows the pressure is domestic rather than a grain price signal.

## Read by commodity

- DXY: bearish ▼
- USDIDR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-12-17 | [Ringgit to rebound as US dollar weakens](https://feedsoft.ai/events/49920-ringgit-to-rebound-as-us-dollar-weakens.md) | +0.2% | -0.2% |
| DXY | 2024-10-01 | [Dollar weakens after inflation data, Yen surges on Ishiba win](https://feedsoft.ai/events/28538-dollar-weakens-after-inflation-data-yen-surges-on-ishiba-win.md) | +0.9% | +2.9% |
| DXY | 2024-09-27 | [Dollar weakens after inflation data, Yen surges on Ishiba win](https://feedsoft.ai/events/28544-dollar-weakens-after-inflation-data-yen-surges-on-ishiba-win.md) | +0.9% | +2.9% |
| DXY | 2019-10-31 | [Gold gains as dollar weakens after Fed's interest rate cut](https://feedsoft.ai/events/56483-gold-gains-as-dollar-weakens-after-fed-s-interest-rate-cut.md) | -0.1% | +0.8% |
| DXY | 2026-07-30 | [Australian Dollar rallies despite softer CPI as US Dollar tumbles after Fed, weaker data](https://feedsoft.ai/events/18598-australian-dollar-rallies-despite-softer-cpi-as-us-dollar-tumbles-after-fed.md) | -1.2% | -1.9% |

## Sources

- fxstreet-id.com: https://www.fxstreet-id.com/news/rupiah-melemah-ke-rp18155-meski-dolar-as-tertekan-usai-kemenangan-demokrat-dalam-pemilu-sela-202611040949

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.