Loading…
The rupiah strengthened against the US dollar on the last trading day of 2019, touching Rp 13,865/US$, its strongest level in about 1.5 years after a brief flash dip. Analysts expected the currency to finish the year at its firmest point of 2019.
A stronger rupiah lowers the local-currency cost of Indonesian imports such as soybean meal and corn, slightly easing feed input costs for Indonesian buyers.
cnbcindonesia.comPutu Agus PransuamitraDec 31, 2019Not 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.
