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The rupiah gained 15 points to 16,665 per dollar after the Asian Development Bank cut its 2025 growth forecast for Indonesia to 4.9%. Analysts expected the gain to fade because of a possible US government shutdown and new US tariffs on wood products and furniture.
Goldman Sachs estimated a shutdown could shave growth in the US.
Weaker growth and tariff risk weigh on emerging-market currencies and trade flows, which can raise the cost of imported feed inputs in Indonesia. The effect on grain and meal prices is indirect.
jakartaglobe.idNatasha Khairunisa AmaniSep 30, 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.
