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Bank Indonesia reported the rupiah closed at Rp15,760 per dollar on February 1, 2024, with the 10-year government bond yield falling to 6.54%. Foreign investors were net buyers of Rp8.51 trillion in bonds, stocks and central bank paper over the period.
Stable rupiah and steady foreign inflows limit near-term import cost pressure for Indonesian feed buyers, so the effect on feed ingredient prices is minor.
bi.go.idBank IndonesiaFeb 2, 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.
