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Bank Indonesia intervened in foreign-exchange markets to stabilize the rupiah after the Federal Reserve's hawkish tone pushed the dollar to a two-month high. The rupiah had fallen to its weakest level in about a month.
A weaker rupiah raises the local-currency cost of imported feed ingredients and makes Indonesian buyers less willing to pay up for soymeal and other imports, which can soften demand at the margin.
bloomberg.comGrace Sihombing, Prima WirayaniJul 31, 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.
