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The rupiah closed at 14,235 per dollar on February 26, down 1.07% on the day and 1.21% over the week. The move followed a rise in US Treasury yields that pushed investors into the dollar and triggered outflows from emerging-market assets.
A weaker rupiah tied to US yields signals broad emerging-market risk-off, which can dampen Indonesian demand for imports but has limited direct impact on feed prices.
investasi.kontan.co.idHikma DirgantaraFeb 26, 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.
