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The rupiah closed slightly weaker at Rp14,698 per dollar as markets awaited approval of a further US fiscal stimulus package. Indonesia reported a September trade surplus of $2.44 billion, its fifth monthly surplus this year.
Dependence on US stimulus sentiment keeps the rupiah sensitive to risk appetite, and a weaker rupiah raises the local cost of imported feed ingredients.
antaranews.comCitro AtmokoOct 16, 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.
