Loading…
Indonesia's central bank surprised markets with a rate cut as the rupiah hovered near 16,585 per US dollar. The currency is the worst performer in Asia this year, down about 3%, after a record low of 16,970 in April.
The bank has intervened several times in 2025 to defend it.
A weaker rupiah raises the local-currency cost of imported feed ingredients such as soybean meal, corn and wheat, which can pressure Indonesian feed mill margins and import demand. Lower rates add to currency pressure.
reuters.comReutersOct 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.
