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The rupiah weakened back to 18,000 per dollar on September 28 as the US-Iran standoff lifted oil and bond yields and the dollar hovered near a two-month high. Bank Indonesia had kept its policy rate at 5.75% despite a recent Federal Reserve hike.
The new BI governor said the central bank would rely more on hedging instruments.
Persistent rupiah weakness raises import costs for Indonesian feed makers and can dampen local demand for imported feed ingredients. The impact on world feed prices is modest.
thejakartapost.comAditya HadiSep 28, 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.
