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The rupiah closed at a record low of Rp 17,780 per US dollar on May 26, weakening 0.28%. Bank Indonesia has intervened in bond, spot and NDF markets and raised its rate by 50 basis points to 5.25%, its first hike since April 2024.
The rupiah's gains after the rate hike were short-lived.
Record rupiah lows and higher domestic interest rates raise the cost of imported feed inputs in Indonesia and can slow feed buying.
cnbcindonesia.comElvan WidyatamaMay 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.
