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The rupiah opened 37 points stronger at Rp14,331 per US dollar on February 2, 2022, ahead of the release of January inflation data. Analysts expected inflation to rise sharply on higher food prices, and COVID-19 cases were climbing.
Expected food-driven inflation and a firmer rupiah are small factors for Indonesian feed input costs, with little direct commodity price effect.
en.antaranews.comCitro Atmoko, Juwita TrisnaFeb 2, 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.
