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Bank Permata's chief economist Josua Pardede said Bank Indonesia could raise its benchmark rate 25 basis points to 6% in November if rupiah weakness persists. BI held its rate at 5.75% in October but raised its deposit facility rate by 25 basis points to 5%, and core inflation was 2.56% in October.
Higher Indonesian interest rates would raise financing costs for feed mills and livestock producers while supporting the rupiah, which can reduce the cost of dollar-priced feed imports. The analyst's call is conditional on continued capital outflows.
money.kompas.comNov 3, 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.
