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Former finance minister Bambang Brodjonegoro said the rupiah should not be given a fixed target, and that a steady strengthening trend is what matters. The rupiah closed the week at 15,450 per dollar after a 0.26% fall on Friday, still near its strongest level of the year.
Commentary on currency targets does not change supply or demand for feed commodities. Any effect on Indonesian feed costs depends on the rupiah's broader trend against the dollar.
cnbcindonesia.comMentari PuspadiniAug 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.
