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The rupiah weakened 0.36% to 14,110 per dollar on February 22 as US 10-year yields climbed to 1.369%. A technical death-cross pattern ended, and analysts flagged the currency could slide toward 14,200.
Technical and yield-driven moves in the rupiah are routine currency commentary and do not change supply or demand for feed ingredients.
cnbcindonesia.comPutu Agus PransuamitraFeb 23, 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.
