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The rupiah weakened again through the psychological 17,000 per dollar level on March 31. Analysts attribute the move to higher oil prices from Middle East tensions, which increase Indonesia's energy import demand for dollars.
Persistent rupiah weakness raises the cost of imported feed and energy for Indonesian buyers, and higher oil prices feed through to input costs.
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.