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The rupiah gained 0.19% to Rp14,350 per US dollar in the week to February 11, 2022, extending a two-week rally. Foreign capital inflows into bonds and stocks supported the currency despite expectations of aggressive Fed rate hikes and Russia-Ukraine war risk.
Capital inflows strengthening the rupiah slightly lower Indonesian feed import costs, but the effect on commodity prices is limited.
cnbcindonesia.comPutu Agus PransuamitraFeb 14, 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.
