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Indonesia's rupiah stabilized in June 2020 after falling to a two-decade low in March and April, appreciating 3.16% against the dollar over the month to 14,302 per dollar on the Bank Indonesia JISDOR rate. Bank Indonesia also cut its key rate again.
The rupiah's recovery lowers the local cost of imported feed inputs, though the article is a retrospective summary with little effect on global feed prices.
indonesia-investments.comIndonesia InvestmentsJul 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.
