Loading…
Bank Indonesia announced measures to stabilize the rupiah, including expanded foreign exchange intervention through NDF and DNDF transactions and premium cuts to attract foreign portfolio flows. The rupiah closed at 18,148 per US dollar on November 3 as oil rose to about $106 a barrel, while most Asian currencies were little changed.
A weaker rupiah raises the local-currency cost of dollar-priced feed imports such as soybean meal, corn and wheat for Indonesian buyers. Central bank support limits near-term moves, but oil and US rate expectations still set the direction.
bloombergtechnoz.comPramesti Regita CindyNov 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.
