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Bank Indonesia pledged to keep the rupiah stable after it hit a record low of Rp 18,184 per dollar. A government official warned the currency could weaken further to Rp 22,000 per dollar over concerns about market governance and investor confidence.
The JISDOR reference rate was also a record low at Rp 18,183.
Currency weakness of this size would make imported feed ingredients considerably more expensive for Indonesian buyers, and central bank intervention could limit or slow that effect.
jakartaglobe.idArnoldus KristianusOct 29, 2026Not 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.
