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Indonesian stocks and the rupiah sold off sharply on Friday after several days of student protests in Jakarta. The rupiah fell nearly 1% to around 16,475 per dollar, and the stock index dropped more than 2% intraday.
The central bank said it would stay active in the FX market to stabilise the currency.
Political unrest raises risk premia on Indonesian assets and pressures the rupiah, which can make imported feed inputs costlier for Indonesian buyers. The effect on global grain and meal prices is limited.
reuters.comStefanno Sulaiman, Rae WeeAug 29, 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.
