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The rupiah fell as much as 8% in the first half of 2026 and hit a record low of 18,190 per dollar by early June. Bank Indonesia unexpectedly raised rates on June 9 to stabilize the currency, with investor concerns compounded by the Iran war and higher energy prices.
Rupiah weakness raises Indonesia's cost of imported feed inputs and energy, while higher domestic rates tighten credit for livestock and feed producers.
bloomberg.comPrima Wirayani, Grace SihombingJun 11, 2026Not enough comparable past events yet for a historical read.
After 102 past neutral macro events, Crude Oil (WTI) moved a median -0.1% over 5 sessions (49% higher; middle half -3.3% to +2.5%), and +1.8% over 20.
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.
