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Bank Indonesia said the Fed's October 30 rate cut, its third this year, matched its expectations. The central bank expects the cut to draw more foreign capital into Indonesian financial markets.
The rupiah was near the psychological 14,000 per dollar level.
Expected foreign inflows support the rupiah, which lowers the local-currency cost of dollar-priced feed imports. The impact on feed prices is limited.
aa.com.trUmar İdrisOct 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.
