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Goldman Sachs strategist Zach Pandl said the Indonesian rupiah is an attractive investment for 2020 given high yields and stable growth. He pointed to improving US-China trade relations as a reason to move into emerging-market currencies.
Foreign inflows into Indonesian assets tend to support the rupiah, which can lower the local cost of dollar-priced feed ingredient imports over time.
cnbc.comEustance HuangDec 11, 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.
