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Indonesia's rupiah fell to its lowest level in history against the dollar, intraday at 16,957, surpassing its 1998 Asian Financial Crisis low. The 10-year yield rose about six basis points to 7.14% and stocks fell before recovering, as the central bank intervened.
A record-low rupiah sharply raises the local cost of dollar-priced feed ingredients such as soymeal and corn imported by Indonesian feed mills.
bloomberg.comPrima Wirayani, Matthew BurgessApr 9, 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.
