Analysts expected the rupiah to trade between Rp18,080 and Rp18,200 per US dollar on 5 November 2026, ahead of Indonesia's Q3 growth data. Support was seen at Rp18,100 and Rp18,050, with resistance at Rp18,200 and Rp18,250.
Oil dropped more than 8% to below $95 after the Democratic midterm win, weakening the dollar and US yields.
Lower oil and a weaker dollar ease pressure on Indonesian import costs for dollar-priced feed. Gains may be capped if growth data disappoints or capital outflows increase.
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.