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Analysts expect the rupiah to close the year stronger, supported by US fiscal stimulus prospects and optimism over a Brexit agreement. The currency opened at Rp14,095 per dollar on December 31 after closing at Rp14,130 the day before.
A stronger rupiah and a weaker dollar generally reduce import costs for Indonesian feed and fuel buyers, though the effect on global commodity prices is limited.
thebalitimes.comDec 30, 2020Not 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.
