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The rupiah fell for a third straight day on October 23, to Rp16,645 per dollar in the JISDOR reference rate. The move followed a stronger dollar, rising US-China trade tensions, and political and fiscal concerns after the dismissal of Finance Minister Sri Mulyani Indrawati.
Currency weakness that stems from fiscal and political risk raises the cost of imported feed ingredients for Indonesian buyers. The effect is modest and the rupiah move is small.
idnfinancials.comDhika Priambodo, Zetta HannanyOct 23, 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.
