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The rupiah closed higher on June 25 at about 16,300 per dollar as investors watched a staged Israel-Iran ceasefire announced by President Trump. Analysts were skeptical about the ceasefire holding, and Fed Chair Powell warned that tariffs could add to inflation this summer.
Easing geopolitical risk lowers crude oil and freight costs, which eases pressure on feed input costs for Indonesian buyers. The ceasefire's durability remains uncertain, so the outlook could reverse quickly.
voi.idDony AprianJun 27, 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.
