The rupiah edged up to near 17,850 per dollar on September 22, snapping an eight-session losing streak after Bank Indonesia pledged intervention to ensure orderly trading. BI's toolkit includes offshore and domestic NDFs, spot FX and secondary-market bond purchases.
Gains were limited by a firm dollar near a two-month high after hawkish Fed remarks.
Central bank intervention reduces near-term import cost volatility for Indonesian feed buyers, but the firm dollar keeps pressure on emerging-market currencies. The impact on global feed commodity prices is small.
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.