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Bank Indonesia officially launched a central counterparty (CCP) to expand domestic non-deliverable forward and repo markets. Governor Perry Warjiyo targets raising daily DNDF volume from $100 million to $1 billion within five years and repo activity from Rp14 trillion to Rp30 trillion per day.
The new clearing infrastructure is aimed at deepening rupiah hedging and currency market liquidity, which could reduce the cost of hedging dollar-denominated feed imports over time. It has no direct effect on feed commodity supply or prices.
finance.detik.comAnisa IndrainiSep 30, 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.
