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The rupiah weakened to around 16,250 per dollar on January 30 after Fed Chair Powell signaled rates would stay high for longer. Tariff policy concerns are also raising the dollar's appeal.
A firmer dollar raises the local-currency cost of imported feed grains and meal for Indonesian buyers.
id.octaafrica.netJan 30, 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.
