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The Indonesian rupiah fell nearly 16 percent since late December, approaching its 1998 record low, as foreign investors sold stocks and bonds. The baht dropped about 9 percent, erasing its 2019 gains, after tourism stoppages hit Thailand's current account.
Indonesia cut its 2020 growth forecast to 2.3 percent.
Currency weakness in key Asian feed-importing economies raises local costs of dollar-denominated feed ingredients and signals weaker regional demand.
nationthailand.comApr 2, 2020Not enough comparable past events yet for a historical read.
Not 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.
