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Bank Indonesia began a phased increase in reserve requirements, with three hikes planned in 2022 that could drain about Rp 200 trillion in banking liquidity. The rupiah strengthened 0.17% to Rp 14,335 per dollar after three days of losses.
Reduced liquidity supports the rupiah, which lowers the local cost of imported feed ingredients. The effect on global feed prices is small.
cnbcindonesia.comPutu Agus PransuamitraJan 21, 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.
