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Bank Indonesia deputy governor Destry Damayanti said student rallies since September 23 contributed to the rupiah's slide from 14,085 to 14,153.80 per dollar over three trading days. Foreign funds outflows reached Rp 2.7 trillion since Monday.
Political unrest and capital outflows pressure the rupiah, raising the local currency cost of imported feed and soybean meal for Indonesian buyers.
theinsiderstories.comDesk Editor InsiderSep 25, 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.
