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Al Jazeera reports the rupiah is at record lows against the dollar, below its 1998 crisis trough, having slid about 8% since Prabowo Subianto took office in October. The slide began weeks before the US 'Liberation Day' tariff announcement, which added pressure.
Persistent rupiah weakness, driven partly by domestic policy concerns, keeps Indonesian feed import costs elevated and raises the risk of further currency-driven price increases.
aljazeera.comErin HaleApr 8, 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.
