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Bloomberg reports that the rupiah has gained about 1.5% against the dollar since early August, making it Southeast Asia's best performer, but that the gains may fade. BNP Paribas sees the currency weakening to 17,900 per dollar by year-end.
The outlook is shaped by fiscal and rate pressures.
A forecast weaker rupiah would modestly raise Indonesian import costs for feed ingredients, while the currency's recent stability limits near-term pressure. The effect on global feed prices is minimal.
bloomberg.comSubhadip Sircar, Prima WirayaniOct 1, 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.
