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The rupiah weakened to Rp 18,133 per US dollar by late Friday morning, down 0.28% from the previous day. The decline coincided with a broad selloff in Asian equities, including a nearly 4% drop in the MSCI Asia-Pacific index.
A weaker rupiah can increase the local cost of imported feed ingredients and other dollar-priced commodities. The report describes currency and equity-market moves, without a new supply or demand development for agricultural commodities.
Not 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.