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The rupiah weakened 0.14% to Rp14,312 per US dollar in spot trading on September 30, with BI's Jisdor reference rate at Rp14,321. Most Asian currencies moved mixed against the dollar that day.
Rupiah weakness raises the local-currency cost of imported feed inputs such as soybean meal and corn for Indonesian buyers, though the move is small and routine.
cnnindonesia.comSep 30, 2021Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
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.
