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Bank Indonesia said the rupiah's fall after its surprise 25 bp rate cut to 5.75% was under control. The currency hit its weakest level in over six months, trading as weak as 16,383 per dollar.
A weaker rupiah raises the cost of imported feed ingredients for Indonesian feed millers.
reuters.comJan 16, 2025Not 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.
