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Bank Indonesia held its benchmark rate at 4.75% for a fifth straight review, as widely expected. The central bank's focus remains on the rupiah, which has been trading near record lows after market turmoil over concerns about central bank independence.
A weak rupiah raises the cost of imported feed ingredients such as soybean meal and corn for Indonesian buyers, while a steady rate stance limits near-term currency support.
reuters.comGayatri SuroyoFeb 19, 2026Not enough comparable past events yet for a historical read.
After 73 past neutral macro events, Soybean Meal moved a median -0.3% over 5 sessions (44% higher; middle half -1.9% to +2.1%), and -1.6% over 20.
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.
