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The rupiah strengthened on the last trading day of 2024, closing at 16,090 per dollar, up 0.25%, as the dollar index eased. The currency still ended 2024 with a 4.51% annual depreciation despite lower US Treasury yields pressuring emerging-market currencies.
A firmer rupiah modestly lowers the dollar cost of Indonesian exports such as palm oil, but the currency's full-year loss keeps the underlying export pricing pressure in place.
digivestasi.comDec 31, 2024Not 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.
