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The rupiah closed down slightly at 16,829 per dollar as investors reacted to Middle East tensions ahead of US-Iran nuclear talks. Renewed trade uncertainty after the Supreme Court overturned Trump's tariff policy, and his plan to raise temporary tariffs, also weighed on the currency.
Geopolitical risk aversion and tariff uncertainty push emerging-market currencies weaker, raising import costs for Indonesian feed buyers and reinforcing a firmer US dollar backdrop.
jakartaglobe.idNatasha KhairunisaFeb 24, 2026Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% 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.
