Loading…
The rupiah closed at a record low of Rp 18,184 per US dollar on October 28, and Bank Indonesia pledged to maintain currency stability. Presidential envoy Hashim Djojohadikusumo warned the rupiah could slide to Rp 20,000–22,000 if governance concerns and share valuations are not addressed, while MSCI is consulting on a possible downgrade of Indonesian equities.
A sharply weaker rupiah increases the cost of imported feed inputs and fertiliser-linked goods for Indonesian buyers, supporting higher domestic feed prices.
asianomist.comLe Minh TriNov 1, 2026Not 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.
