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A BCA chief economist said the rupiah's year-to-date depreciation has been smaller than that of other emerging-market currencies, the yen and the euro. Foreign investors are withdrawing from government bond markets, and commodity exports are expected to support the currency.
Commodity export receipts supporting the rupiah help sustain Indonesian palm oil and other export flows, but continued bond outflows could tighten financial conditions.
cnbcindonesia.comCNBC Indonesia TVJul 30, 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.
