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Bank Indonesia held its BI-Rate at 4.75% for a fifth consecutive month, matching nearly unanimous economist expectations. Market volatility remained elevated amid the rupiah's weakness.
The unchanged rate offers little relief to the currency, keeping Indonesian import costs for feed ingredients elevated.
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.