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The Indonesian rupiah fell 0.7% to 17,295 per dollar on Thursday, its biggest one-day decline since September, as rising oil prices hurt sentiment. Bank Indonesia said it had stepped up efforts to steady the market.
The currency has lost almost 2% in April, and 10-year bond yields rose eight basis points to near 6.70%.
A weaker rupiah raises the local-currency cost of imported feed ingredients and energy for Indonesian buyers, while higher oil prices add to fuel subsidy and inflation pressure. No direct commodity price move is indicated.
bloomberg.comMarcus WongMay 1, 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.
