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Indonesia's rupiah breached 18,000 per US dollar on September 29 for the first time since early August, hitting 18,010. The move followed a surge in the 10-year US Treasury yield to a 19-year high above 5.27% and higher oil prices amid US-Iran tensions.
Jakarta equities fell as much as 2.2%.
A weaker rupiah raises the local-currency cost of imported feed ingredients and energy for Indonesian buyers, while firmer US yields and the dollar add pressure on dollar-priced commodities. The effect on global grain and meal prices is limited.
marketscreener.comReutersSep 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.
