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The rupiah weakened to about 16,509 per dollar on June 23, down 1.39% over the prior week. The move followed US airstrikes on three Iranian nuclear sites and Iran's vow to retaliate, which pushed investors toward safe-haven assets and fed capital outflows from Asia.
Rupiah depreciation and risk-off flows raise the local cost of imported feed ingredients and energy. The main effect is on Indonesian import costs rather than global commodity prices.
fxstreet-id.comJun 23, 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.
