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The rupiah weakened to 14,166 per dollar on October 15 after the statistics agency reported a September trade deficit of $160 million. Exports were $14.10 billion and imports $14.26 billion.
Bank Indonesia intervened in the currency market through DNDF instruments.
A wider trade deficit adds pressure on the rupiah, which raises the local cost of dollar-denominated feed and ingredient imports. The price effect on global commodities is small.
en.antaranews.comCitro Atmoko/SuhartoOct 15, 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.
