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The rupiah stayed weak two days after a massive power outage in Java disrupted businesses. It traded at 14,344 per dollar on Tuesday morning, and the Jisdor rate fell 0.79% from the prior day.
The currency did not benefit from a weaker US dollar index that day.
A power outage hitting Java's industrial and business base can disrupt feed mill and livestock logistics in Indonesia's main demand region. Currency weakness also raises the cost of imported feed inputs.
en.tempo.coRirie RanggasariAug 6, 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.
