
The rupiah gained 0.06% to close at Rp18,070 per dollar on November 9, while the U.S. Dollar Index fell 0.28%. Indonesia’s consumer confidence index rose to 119.9 in October from 118.1 in September.
A weaker dollar and improved domestic sentiment supported the rupiah, lowering the USD/IDR rate. Currency movements can affect the cost of imported feed and agricultural inputs for Indonesian buyers.
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.