
The rupiah strengthened 0.47% to Rp18,082 per U.S. dollar at the close on November 5, gaining 86 points from the previous close. The move coincided with a roughly 0.5% weekly decline in the dollar index and lower U.S. 10-year Treasury yields, although markets had not substantially changed their expectations for Federal Reserve policy.
A weaker dollar and lower U.S. yields can support emerging-market currencies, including the rupiah, and put downward pressure on USD/IDR.
Not 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.