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The rupiah hit a five-year low of 16,568 per dollar on Friday as foreign investors pulled out of stocks amid escalating US tariff moves and worries over Jakarta's fiscal policy. Trump confirmed 25% tariffs on Canada and Mexico from March 4 and an extra 10% on China.
Tariffs on China, Canada and Mexico cut trade flows for grains and oilseeds, while a weaker rupiah makes Indonesian feed imports more expensive.
businesstimes.com.sgElisa ValentaFeb 28, 2025Not enough comparable past events yet for a historical read.
After 45 past bullish trade events, US Dollar (Broad) moved a median -0.0% over 5 sessions (42% higher; middle half -0.3% to +0.4%), and -0.0% 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.
