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The rupiah closed up 0.10% at 16,699 per dollar on November 24, and the Jisdor reference rate rose 0.06% to 16,709. Analysts linked the gain to a weaker US dollar index and rising expectations of a December Fed rate cut.
Domestic sentiment was also a factor.
A firmer rupiah on a weaker dollar lowers the local cost of imported feed ingredients for Indonesian buyers. The move is small and depends on the Fed path.
insight.kontan.co.idWafidashfa CessarryDec 1, 2025Not 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.
