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The rupiah strengthened 46 points to 14,567 per dollar on May 27, 2022, as investors shifted focus away from Federal Reserve rate hike plans. The US dollar index fell to around 101 from above 103 a week earlier.
A softer dollar and firmer rupiah lower the cost of dollar-priced feed imports for Indonesian buyers.
Not enough comparable past events yet for a historical read.
Not 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.