Loading…
The rupiah weakened on October 29 to Rp16,617 per dollar, down 0.05%, on expectations that the US Federal Reserve will keep rates high for longer. Solid US GDP and stable jobless claims supported that view, and high US Treasury yields weighed on Asian risk assets.
Higher-for-longer US rates strengthen the dollar and raise the local cost of dollar-priced grain and meal imports for Indonesian feed mills. The move is small.
antaranews.comM Baqir Idrus AlatasOct 29, 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.
