
The rupiah weakened to 17,346 per dollar in spot trading on April 30, with analysts projecting a move to 17,350-17,400 the following week. Economists cited Bank Indonesia's difficulty in meeting its 16,500 budget target and foreign reserves of about 148.2 billion dollars as of March.
They said fiscal and energy-security concerns were adding pressure.
Currency weakness raises import costs for Indonesia, a major buyer of feed inputs, and could lead to tighter fiscal policy or import restrictions. The impact on global feed prices is limited.
Not 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.