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Hashim Djojohadikusumo, chairman of Kadin's advisory council, warned that the rupiah could fall to Rp21,000-22,000 per dollar if MSCI reclassifies Indonesia from emerging to standalone market status and foreign investors withdraw. He linked the risk to market manipulation in low-priced stocks.
An INDEF economist said that range reflects a severe stress scenario.
A sharp rupiah sell-off would raise the cost of imported feed ingredients and could cause Indonesian feed prices to jump. The scenario is speculative, so the near-term price impact is uncertain.
cnnindonesia.comEndrapta Ibrahim PramudhiazNov 4, 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.
