The rupiah closed weaker against the dollar on Thursday, falling 86 points to Rp18,082 per dollar and staying near the Rp18,000 level. Indonesia's third-quarter 2026 GDP grew 5.47% year on year, up from 5.29% in the second quarter.
Analysts warned that larger energy subsidies could widen the state budget deficit and limit spending.
A weak rupiah raises the cost of imported feed inputs for Indonesian producers, and wider energy subsidies could strain fiscal room for agricultural support. Both factors keep local feed costs under upward pressure.
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