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Bank Indonesia Governor Perry Warjiyo projected the rupiah at 14,500-14,900 per dollar this year and 14,800-15,200 in 2023. He cited Fed tightening, capital outflow risk and global uncertainty including the Ukraine war.
A forecast of continued rupiah weakness raises the local-currency cost of imported feed ingredients such as soybean meal and corn, supporting higher domestic feed prices.
money.kompas.comIsna Rifka Sri RahayuAug 31, 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.
