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The rupiah weakened to about 16,319 per dollar as the dollar strengthened after the Fed minutes and a US trade court ruling on tariffs. Indonesian markets were closed for the holiday, leaving the dollar to dominate moves.
A weaker rupiah raises the local cost of imported feed ingredients, a modest margin pressure for Indonesian feed buyers.
id.octaafrica.netMay 29, 2025Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
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.
