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The rupiah was little changed near 16,620 per dollar as traders awaited November forex reserve data. Bank Indonesia aims to guide the rupiah toward 16,500 or 16,400 next year and sees room for further rate cuts.
Central bank currency guidance affects the rupiah cost of dollar-priced feed imports, though the move described is small.
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.