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Bank Indonesia surprised markets with an interest-rate cut, which analysts said would boost growth and local assets. The Jakarta Composite Index rose 1% after the decision, and the 10-year bond yield slipped to 6.4%.
The rupiah closed 0.2% weaker at 16,270 per dollar.
Lower domestic rates can weaken the rupiah and raise the local cost of imported feed, while supporting domestic demand. The effect on global feed commodity prices is small.
bloomberg.comPrima Wirayani, Abhishek Vishnoi, Rthvika SuvarnaAug 20, 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.
