Loading…
The rupiah closed 86 points, or 0.47%, stronger at Rp18,082 per US dollar on Thursday, up from Rp18,168. ICDX analyst Muhammad Amru Syifa attributed the gain mainly to broad US dollar weakness after the US midterm elections, lower US Treasury yields, and falling oil prices.
A firmer rupiah eases the cost of dollar-denominated feed and energy imports for Indonesian buyers. Lower oil prices also reduce import energy costs, though the currency remains near historic weakness.
antaranews.comM Baqir Idrus AlatasNov 5, 2026Not enough comparable past events yet for a historical read.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% 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.
