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Citigroup strategist Rohit Garg expects the rupiah to consolidate after its recent gains and then rally about 2% against the dollar by year-end. He cited typical weakness in high-yielding emerging-market currencies in August.
A firmer rupiah by year-end would lower the local cost of dollar-priced feed ingredients for Indonesian buyers, but the forecast is a short-term view with limited immediate price impact.
bloomberg.comPrima Wirayani, Rthvika SuvarnaJul 22, 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.
