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The rupiah weakened 0.04% to Rp14,090 per dollar as Asian currencies fell on doubts about a US-China phase one trade deal. China reportedly grew pessimistic after Trump said US tariffs had not yet been removed, and the market also reacted to hawkish Fed minutes.
Renewed doubt about the phase one deal supports the dollar and pressures emerging-market currencies, raising the cost of imported feed ingredients priced in dollars for Indonesian buyers.
cnbcindonesia.comAnthony KevinNov 20, 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.
