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The rupiah briefly reached 17,906 per US dollar on the offshore NDF market, down 0.58% on the day. The currency is down 7.34% year to date.
Bank Indonesia's 50 basis point rate hike has not been enough to ease pressure.
Persistent rupiah depreciation raises the cost of imported feed for Indonesian buyers and can slow purchases of dollar-denominated grain and meal.
kompas.idAgustinus Yoga PrimantoroMay 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.
