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The rupiah strengthened even as Indonesia posted a record Q2 current-account deficit of US$12.49 billion, with the trade surplus shrinking to US$1.32 billion. Support came from Chinese fiscal policy pledges and Bank Indonesia's steady 5.75% rate.
Currency strength lowers the rupiah cost of imported feed grains and meal, but the widening deficit creates a risk of reversal if oil prices rise again. Feed buyers should watch the balance of payments.
fxstreet.comAkhtar FaruquiAug 21, 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.
