Loading…
The rupiah fell 0.14% to 14,216 per dollar in spot trading on October 1 as protests in Indonesia continued. A firmer dollar, after stronger US manufacturing PMI data, added pressure.
Analysts also said the protests were holding back foreign inflows.
A weaker rupiah raises the local cost of imported feed ingredients and raises the risk of Indonesian feed price increases. The effect on global prices is small.
money.kompas.comSakina Rakhma Diah SetiawanOct 1, 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.
