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Indonesian assets fell after Sri Mulyani Indrawati was removed as finance minister. The Jakarta Composite dropped as much as 1.8%, government bonds declined, and the rupiah slid 1% against the dollar, the worst among emerging-market peers.
The central bank intervened in currency and debt markets.
Concerns about weaker fiscal discipline raise risk premiums and push the rupiah lower, which increases the cost of dollar-priced feed imports for Indonesia. The impact on global grain or meal prices is limited.
bloomberg.comMatthew Burgess, Eduard GismatullinSep 9, 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.
