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Indonesia's rupiah was little changed at about 14,010 per dollar while stocks rose 0.9% ahead of a Bank Indonesia meeting. Rising US Treasury yields had hit a one-year high and dented the currency, lowering expectations for a rate cut.
Currency and rate moves in Indonesia affect local feed input costs and import affordability, but they do not directly move global feed commodity prices.
reuters.comAnushka TrivediFeb 18, 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.
