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The rupiah weakened on the spot market to Rp 14,195 per US dollar on Monday, while Bank Indonesia's mid rate showed a 0.16% gain to Rp 14,174. Ongoing street protests in Indonesia deterred foreign investors, and the Jakarta composite index fell 0.45%.
Domestic unrest and a stronger dollar weigh on Indonesian currency and equity markets, which can raise the cost of imported feed inputs for Indonesian buyers. The price impact on feed commodities is limited.
tribunnews.comSep 30, 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.
