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Société Générale economists expect USD/IDR to edge higher and advise fading rupiah rallies. They cite medium-term risks including a Chinese slowdown and limited room for Bank Indonesia to normalise policy.
A weaker rupiah raises the local cost of imported feed inputs, while higher commodity prices have supported Indonesia's trade surplus.
teletrade.orgOct 27, 2021Not 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.
