The rupiah strengthened to about 16,630 per dollar on Thursday, extending gains to a fifth session on steady foreign inflows. Bank Indonesia held its policy rate at 4.75%, and Indonesia posted its first current account surplus in 2.5 years in Q3.
The dollar index fell below 99.5 amid expectations of further Fed cuts.
A firmer rupiah lowers the local-currency cost of dollar-priced feed imports, which eases margin pressure for Indonesian feed mills. The effect is modest and depends on whether the inflows persist.
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.