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Bank Indonesia held its 7-day reverse repo rate at 3.50% for January 2022 and outlined a 2022 policy mix focused on stability. It said the central bank will gradually raise rupiah reserve requirements to normalise liquidity and mitigate the impact of Fed tightening.
Bank Indonesia's policy stance shapes rupiah strength, which affects the local-currency cost of imported feed ingredients. The impact on global feed prices is limited.
bi.go.idBank IndonesiaJan 25, 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.
