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Capital Economics' Jason Tuvey said the rupiah could fall to 17,000 per dollar this year, past its April all-time low, because of concerns about central bank independence. The currency closed at 16,575 on Monday, November 3.
A forecast of further rupiah weakness would increase the cost of imported feed ingredients for Indonesian buyers. It is a forecast rather than a new shock, so the price impact is limited.
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.