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The rupiah came under pressure to around 16,400 per dollar, with the Jisdor reference rate at 16,461 on Friday 29 August. Drivers include the recent benchmark rate cut, month-end dollar demand for debt and import payments, and social-political tension.
Analysts still see the currency on an upward trend into September.
Month-end dollar demand and domestic political risk are weighing on the rupiah, which affects the local cost of imported feed inputs. The impact on global grain prices is limited.
Not 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.