
The rupiah weakened past 18,100 per US dollar on Monday for a fourth straight session, its lowest level since late July. Oil prices above $100 per barrel raised fiscal concerns, and rising food prices linked to El Niño added inflation risk.
Bank Indonesia held its benchmark rate but raised the deposit facility rate and cut the reserve requirement ratio.
El Niño-driven food inflation and a weaker rupiah both increase the cost of feed and feed ingredients for Indonesian livestock and aquaculture producers.
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.