Loading…
Bank Indonesia plans to reduce the country's reliance on the US dollar by allowing domestic non-deliverable forward transactions in other currencies and pursuing more local-currency agreements. The rupiah is near a two-year low.
The policy aims to cut dollar demand for hedging, which could ease some rupiah pressure over time. The effect on feed import costs is modest and gradual.
bloomberg.comGrace SihombingSep 29, 2022Not 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.
